well the count confused me intially... so I was left wondering bout the intensity of the fall the other day... but thats ok... since it was part of the 3rd of 5th of 5th... thats fine....w8ing for mkt to bottom out now...however if 4350/4300 is gone then... it wud be very bearish.
due to confusion in internal count I thought that 4580 wud be the limit... but thats not the case anymore.
here the 1st of the 5th of 5th is very small... n the the 3rd quite long.... but I have noticed this happening quite a few times....also seen that many a time... the 1st is small... the 3 rd extends n so does the 5th..... so am going only by the structure.... n not looking at ratios fo this one.
btw looking at the structure as of now 4500 or so shud be held mostly.lets see...
only once the wave is complete can I be sure of the final structure tho.
Added the fib ratio chart... 4350 is key... coz over there the supports n fib levels r coming together.... so if that goes ... this cud be quite bearish... even if the B wave continues... or else... it may be C wave also... one has to see.
