In the past I have mentioned the potential for an irregular "b" wave within the Minor 4th wave corrections. With that in mind, I take the time to update that potential and how it most definitely is where attention should be paid.
There is not much to be adding to current analysis on this FED eve. Thanks to Daniel (a long-time subscriber) for bringing to my attention that in the past I have mentioned the potential for an irregular "b" wave within the Minor 4th wave corrections. With that in mind I take the time to update that potential and how it most definitely is where attention should be paid. The other counts that I have presented over the weekend and again on Monday's update also remain valid. Tomorrow's FED decision will hopefully unlock the door and make clear which is in play.
I also include tonight levels that need to be watched after the FED announcement that would suggest a break down in underway.
The FED decision is released at 2 PM EDT with Powell's press conference coming at 2:30 PM.
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