In this case Wave [v] is roughly equal to Wave [i] of C. I had expected to see Waves C and A attaining equality where Wave C would approach the 50-day Moving Average, instead. As a result, this correction is called an “irregular.”

But that also verifies a Wave (B).

Now, we start Wave (C). Although the Cycles Model suggests that this decline may find its low on Wednesday, Wave (C), being an impulse, may take 4.3 days, putting the low sometime before noon on Friday.

Regards,

Tony

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