Obviously I did get the ABC correction wrong, when I suggested a move up. As it turned out it was wave B up of the higher degree ABC correction down. Anyway I think the following chart includes all the necessary corrections to the wave count, which hopefully is now on track again.
From the fundamental point of view I‘m still a little confused, why the Underground Contract spurred such a negative reaction. Was it too expensive or was it something else in there? Then again the beautiful wether and surroundings at Coral Bay (WA) are making it up for me as is the wife’s health with blood pressure and heart rate being back to normal.
After such a sizeable ABC correction, IMCO we should be in for some positive moves up ultimately topping the previous ATH over time and certainly towards the end of the year.
New TA/Charting, page-12937
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