Interesting chart now for TMG @W3hunter. Looks like the original count is playing out, with a running flat correction, or if 2.9c falls then it will be an expanded flat.
The 61.8fib support is down at 2.4c, so if 2.9c falls it will flush out all the buyers above mid 2's.
Bearish divergence in the RSI has been there since long before the top in SP, I might start paying attention to this a bit more now, i.e. must be confirming if buying a breakout or on support etc.
Bold prediction, the 61.8 fib will be tested, if it holds then it will run over 400% to ~10c. Need that test first though, if it fails then the down trend will be longer and drawn out, could even see the 65 cross back below the 200.
