11.8 – 2009, Saturday Evening Wonder,
We have lazy & complex corrective zigzag “b” upwave wave on the progress which is going to take some time to develop, it´s has took either double or triple zigzag mode. Once it´s placed, market is going to drop deep down as larger correction to the triangle bottom while first reversal area is placed at 1,3450, that´s also my first target to reverse.
I am looking this wave to be placed 1.4200 or slightly below.
Strategy; To find B wave top below 1,4200 during july to open short for much larger swing, but I don´t think this B is placed yet meaning we might need one last small bounce.