PLS chart, page-16063

Probably above 456. I think below that you'd have to question whether it is a subwave 2. I think confirmation of the reversal of the reversal, ie. the start of subwave 3 probably needs to be a close above 472, but there is a lot of subjective judgement in that number. The current declining wedge is now broken up, and that gives a +6c target from the break, which is 470, so that is a starting point for a trend confirmation. The break creates a sub-subwave which is currently giving a target of between 472 and 476, but the shape isn't fully formed so that is a very iffy estimate. What does appear clear is that the break has not just gone straight to the target, but is in its rising channel, so that's positive, but you would normally expect a double bounce after this kind of fall which I can't see happening if it is to reach the targets today, and secondly a one day retrace is very rare, so...

Thank you and I really appreciate the effort and time you put into your replies. Its at 469.5 as I speak sooooooo....its really trying hard to get into the 70's range.