I think the minimum correction has been met -- (C) has finished or we are in or towards the tail end of it. Frankly I am looking for price to continue rising, as the down move is only in 3 waves so far (see chart below). There are several variations from here -- it's done, or one more up, or we just completed wave 1 of C of (C), or more beyond that. The bottom line is that there is no impulse down yet to hint that the correction is over.
Kommentera:
overlapping corrective waves from the high with possible divergence.
