Good evening folks

The expanding diagonal in the 1st wave position has now become the primary count, it is unfinished however :

From the recent low we can only count zigzag structures.

 So far it fits the rules of an expanding diagonal with i smaller then iii & ii has to become smaller then iv ; this means we have to expect some more downside, of course we cannot go below the ii price level, that would invalidate the structure - so this gives us a pretty narrow yellow target box where iv must end.

If all goes well we will then complete the diagonal in a fifth wave , and v should be larger then iii, once iv completes we can set a minimum target for v.

After completion of the diagonal we can expect a correction followed by the real upside move.

Hope this helps!

All the best