Building off my previous post...
Sometimes things are simpler than we think.
- Last week I identified Wave B (Blue), prior to the retracing Wave C (Black), too early!
- I had been wrestling with the idea all weekend. From my experience, the recent count didn't look 100% correct. It took me until market open, a few hours ago, to realize that price wasn't moving the way I anticipated. Therefor, I began to adjust accordingly.
We should be expecting a fall over to the downside relatively soon.