I know, I also did not expect such a deep correction. I expected 2-3% down and we got close to 4%. Which means it could also be a larger degree drop. I will keep an eye on the price next weeks to see what we get. It might be because the green wave 3 is an extended one - in this case 2910.61 has no meaning. I am waiting for the next weeks to see how fast the uptrend is. If green wave 3 is extended, I will recount the waves starting from June 3. It doesn't affect the past, as we were able to nail all the corrections in the trend regardless of them being blue or red, but it gives us an idea of what's coming, so we won't miss a drop (which will cause "gdl" to scream that EW is bullsh*t :)). So, the trend is up over the next months, the only question is how high, based on the count. It could go up 300 points or only 80 in 2 months, and the first 2 weeks will tell the story.
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