Ok target has now been hit, we have waiting a few months for this to come down to the blue line and it is here now. A perfect 5 waves down move after Wave C finished high in November last year.
I need to be very clear here, THIS MUST HOLD THE BLUE LINE FIRST, before we can expect any bounce or movement to the upside.
No rush here, wait for signs of reversing first. Failure to hold the blue line and this could be in trouble of going down rapidly.