12.1 – 2010
It looks for me rest of the week might be landing issue. Expanding triangle placed.
1.4685 would be 50% retracement since high and and it clear since high we had been in the impulse wave and which this entire expanding correction currently is doing is going to be either A, W2 or W4. Choices for those wave sizes are exist what they can be. We will see how complex this is going to be, at so far it is only simple expanding triangle which is retraced by 38.2% meaning at least this chart has placed A wave. ABC is possible of cource but these patterns are not bullish from here. Of cource even 86.2% B wave is possible if we expand the timeframe and look ultimate max. possibility but I would say fifth impulse starting party might be close and this expanding pattern has placed now IV.
