More than a week on and the 4th Arc pairings still supporting...

More than a week on and the 4th Arc pairings still supporting the XJO and now we have (just)breached the 7340.40 level, mentioned in attached posting. AS I said b4, it certainly looks destine to test the ATH's. Another thought is that our move down to the 6758.20 low was just an A-wave of a "Flat" ABC and this current rally(out of the 6758.20L) is just the B-wave. I say that because the A-wave is short in Time if it was a higher degree ABC of the Previous Impulse up that finished with the 7632/20 DT.

So, if we are just doing a minor B-wave rally at what level is this B-wave likely to get too? Well our minor (c?)wave has reached one possible level(2/3rd of (a)wave out of the 6758.20L) but the(EWC) structure doesn't look complete so more likely this current rally will go to a wave(c) = wave(a) level ... 7567.50 ... which would be considered close to testing the ATH anyway as 1st suggested.

All supposition, right!