Overview: the major count I have on the daily chart is what we have since Jun 12th, meanwhile there have been changes only to the subwaves as they developed in time. In the update of yesterday, I expected that we need another push higher to peak for wave b of Z of (B), however, I warned that if we lose the ascending channel, we have peaked.
Update: I see that we have peaked for wave b of Z of (B) and wave c of Z of (B), meaning the last phase and also what I believe to be the most violent phase of this bear market has started. Looking into the hourly chart, we are in wave 3 of a of (I).
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A quick update: I think we are in wave b of (I) developing as a flat. The structure is very ugly, so I wait for more price action to develop before jumping in.
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