B wave in the form of ABCDE with E subdivided into 5 waves
Updated
We are still in a large B wave it looks like. Most likely taking the form of contracting triangle. E looks as though it will also be subdivided into 5 waves. Elliot said this is possible when market needs to correct longer than normal. He called it ABCDEFGHI.
Note
Volume dropping is what normally happens inside this pattern. As you can see, the volume has been steadily dropping since we entered it.Note
E is subdividing as predicted and forming its own triangle within the larger.Note
well its touching the large triangle. scratch that small one away. still same plan
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