It looks todays action, even it´s impulse was “a” upwave, it run exactly to the 38.2% fib roof, then corrected -50 %”b” at 1.3225. During aftermarket up wave started again. We will only see what kind of wave structure it will build in 1 and 5 minutes chart, but it all seems to lead to the 1.3360 area which would place that right shoulder meaning there´s very large drop ahead, not tomorrow and not before eastern, but it´s coming. Last C wave should be at least similiar size as todays “a” upwave was added from the “b” bottom.
How complex this “b” wave is going to be is not really important (where we are now).
Explaining Chart in my previous post below.
