Avi's weekend chart from EWT. This rally was expected as a wave (iv) which should top in the $23.50 to $23.80 zone before commencing the wave (v) of (c) down. if $21.20 is broken then the expectoration is for an alternate count, that being the wave 2 down which can bottom anywhere in the $20.50 to $21 area.
Avi has been leaning towards a wave 2 down count but the wave (c) count cannot be ruled out until $21.20 is broken to the downside. Disregard the timing on the chart. They are estimations for each wave.
general chat, page-15
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