My preferred Count is shown above. We ended a major wave 4 triangle in early January 2013 and have since seen wave 1 and 2 of the final thrust lower. We are currently in wave ii of 3 and I expect this ongoing wave ii to end near 1.5435, where wave ii will have corrected a little over 61.8% of wave i. Once this wave ii of 3 is over we should see a powerful decline in wave iii of 3 towards 1.3886 and possibly even lower, but only time will tell.
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