Following the price action since my last post on the macro outlook (
), this is now my primary count. Currently waiting for a minor abc up which will be the B wave of a final abc down. This would be a macro 5,3,3 wave four correction. Doesn't mean to say that the other counts I had laid out can't happen. I'm simply putting more weight on this specific count. The recent price action has been and is far too choppy and frantic for a bullish impulsive wave, in my opinion.
