Nice Elliot 8-wave cycle here Crashman. Here is another POV that differs from your analysis. A guideline of the ABC 3-wave correction is that wave c usually finishes at the low of wave 4. From your chart, the low of $3.37 at the end of wave 4 should be the end of the correction. I would have preferred the gap between $3.32 and $3.33 to be closed, but am happy my buy order at $3.33 was filled. I placed it on the high side of the gap just to be sure. Next week will be interesting for sure.
GXY Price at posting:
$3.47 Sentiment: Buy Disclosure: Held