Well we seem to have completed wave 5 ... and the consolidation phase in wave 2 or b has started... confirmation of the same came when we went below 5545....
we shud correct either 23.6% or 38.2% or 50% or max 61.8% of the whole rise from 4588 to 5629....which comes to 5383(since wv5 began at 5365 we will go lower than this mostly),5231,5108,4985 respectively.
this consolidation shall take place in a 3 wave move.
