update on total mcap running flat
moving as expected and am watching a move to the downside soon
looking to complete wave c 5 waves down at a 1:1 of wave a and looking for confirmation of a running flat of a 3-3-5 move overall
however a push above upper trendline with closing and confirming the trend line as support is a possibility
a move lower to the 1.236, 1.382 or 1.618 is still technically an expanded flat and still an option although very highly unlikely
looking to complete wave c 5 waves down at a 1:1 of wave a and looking for confirmation of a running flat of a 3-3-5 move overall
however a push above upper trendline with closing and confirming the trend line as support is a possibility
a move lower to the 1.236, 1.382 or 1.618 is still technically an expanded flat and still an option although very highly unlikely
expecting to develop a bottom around the purple box