This changes my main scenario, which becomes the first alternate until yesterday.
This count assumes that Friday ended the x wave of minor degree flat type pattern on Fibonacci price retracement 23.6%, and it is already begun the last wave y that will bring the index to new highs.
The new first alternate scenario is a sideways pattern w-x-y-x-z type with fourth wave x in progress, which means the same impending implications; the confirmation of the uptrend at least up to 1470-1475.
However tomorrow is possible the completion of wave 1/a and the start of wave 2/b.
Have a great trading day...with care!
ElwaveSurfer
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