I still convinced that we are looking at a double correction, where the first correction was a flat and the second is a zig-zag. As we are closing in at the next target area near 91.85-92.00.
Wave C2 will be equal in length at 91.85 and the resistanceline will come in near 92.00. There is a possibility of a extension higher to 92.30 – 92.40, but that should be it and at least set the stages of a decline to 89.02. My perferred picture is that a important top is close by and we should see a much deeper decline in wave 3 of [C] down.
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