PLS chart, page-10905

This may sound nuts, but I think we have reached the end of the down run. You may recall I mentioned a in passing a few times that bottom green channel which I said to ignore because it was a support channel which I didn't think would matter. That was based on our original selection for the ABC correction wave, which I have now redrawn. I thought the yellow support channel was the one that mattered, but that was clearly wrong. In a correction the A wave finds support at or near the top of the support channel while the C wave finds it at near the bottom of the channel, or at least in the lower half of the channel. Couldn't see how it could get there with our original drawing of the ABC correction. I think none of us were entirely comfortable with that version as we couldn't find all the sub waves without stretching things, but now we have an almost perfect ABC correction with all the subwaves and a bounce off almost the top of the support channel for the A wave and a bounce off the bottom of that support channel for the C wave. It is very likely that this is it and we will now commence the recovery.