I feel like a fool for not noticing this as it was happening. The internal wave 5 of minute wave {i} was extended. PEOPLE this is a gift from God!!! When the fifth wave is extended it always retraces back to the lesser 2nd wave of that 5th wave quite swiftly and with tremendous precision, as you can see from the chart below. I got in short at 1.6150 even before I realized (it must have been subliminal). I dont know if the market is going to open way down on Sunday. If it opens near where it closed you should jump in short immediately!
The minimum target zone for this wave {iii} will be from 1.6044 to 1.5969. The 1.6044 is a likely target in the event of and ending diagonal scenario and 1.5969 if this minor degree fifth ends up being impulsive in structure. I favor the impulsive scenario. Im just pissed i didnt go 30's (heavely leverage short position) before the market closed. I went in with my normal 5% position.
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