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Looks like I had my count within the TED (trend ending diagonal...

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    Looks like I had my count within the TED (trend ending diagonal out somewhat, because as indicated in previous charts I had one more wave to come before the correction for wave 2 down and certainly the move on the DOW Friday night didn't help either. So in reality the dashed centre line of the rising light green channel demonstrated its power, which is easily over looked - bugger!

    However this down move will certainly help to bring the urgently needed R&R to the indicators, which I foreshadowed was needed. So the next question is where will we see the bottom of wave 2 down and the answer to that is, IMCO when the bargain hunters come out to play!
    Corrected daily chart ...
    https://hotcopper.com.au/data/attachments/3286/3286852-fabc80ad6a454d82d7937d9c33204ca5.jpg

 
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