I think the action since Friday suggests at a minimum we need a lower low than we have seen although it just has to minimal.
That would be a litle wave 5 of C.
Probably tomorrow unless we get a late sell off here today.
It also times well with the 21/05 and 20/06 turns for a nice 30 and 60 day/degree Gann thingy.
Of course we still have that nasty 911 pattern preforming and my important indicators still neg.
Had a look at a lot of historical nasty patterns on the weekend and was surprised at how many H&S patterns had a false breakdown then rallied above the break AND then collapsed.
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