$RIOT held the 1 Fib line, common for Wave 4 and just took off, likely in Subwave 3 of Wave 5 now. Corrective wave is now eliminated of course.
Overall a very structured impulse wave here and followed EW Theory perfectly, so I expect its ABC corrective wave to be next after completing Wave 5.
I would be watching for the blue line to be the level where the ABC completes and then expect this to go higher again.
JD
2023-07-14 11:52:18 +0000 UTC