Funky, cheers mate.Whi, appologies for not getting back sooner.I...

Funky, cheers mate.


Whi, appologies for not getting back sooner.

I have tried to illustrate my thoughts on the chart with the different coloured arrows. The light blue arrows are only around 4% corrections in price and going by the pattern are only minor corrections. The dark blue arrows are the major corrective waves and are around 8% in price. The average time for the corrections is also around 16 days. This current correction still hasn't fallen to the minor correction price target and is running out of time to do so unless we fall off a cliff over the next couple of days.

Short version is that I think we are still in an extended wave 3 and looking at 5 minor waves to complete this. If this correction falls 8% in price I will concede wave three has ended and we are in a wave 4.

My thoughts only.
Cheers
Rhodes