Pretty shallow w-b so might not be finished yet. Could start w-3 of W-C of W-(2) soon. Looking for 5 waves down. Potentially close the bull gap on w-3 and then hit 61.8% on w-5. Long after that! Should finish around 61.8% around $9
I'm a huge fan of Snowflake, but with how far it is retracing, I'm now just waiting for it to drop below 110 to invalidate the bullish counts. From there just waiting to see this Wave C play out. Yellow is my bullish alt count that was primary.
If it comes up from this point and this wave down isn't greater than the previous wave, I'm leaning towards the pullback being done. The W-A of W-(W) is questionable on counting and could easily see the first 3 waves being 5 waves instead. If that is the case, I'd lean towards another wave down. Either way, the correction is probably getting close to done.
