In my previous post I wrote:
“And the best resolution here will be to see a drop to 3,400 – 3,300 to complete that corrective wave. And from there I would expect another stronger rally in wave c of i up”.
Nothing changed since then. I have been patiently waiting for that drop. Now we have three potential targets: 3,660, 3,500 and 3,400. The drop can even extend to 3,329.