G'day All

I am pretty busy today, but wanted to give you a quick update before I leave.

The Y-triangle idea was invalidated as we dropped below 40 cents. This means I have to come up with a new idea for the sideways mess, and sideways price action is hardest to figure out. I am sticking with a triangle though, but a triangle for "X", and when the triangle completed we saw a breakdown :

There was actually a little diagonal at the start of wave (c) and that helps because that has to be the start of a wave...

So now the question is : have we completed the correction? Well I am not entirely sure, because this zigzag is kinda small compared to (w) and (x) of the orange degree. So it certainly remains possible that this zigzag will become a double (or triple) and go a bit lower, in that case the zigzag we saw since completion of triangle could be a lower degree (green) and could extend and become a double zigzag. But that is optional, it is possible the correction completed although there is not enough strength to be sure.

That's all for now.