Still Can’t Rule Out One More Flush

It’s better to see a “V-Bottom” at a bottom, and this doesn’t look like that. It’s still possible that we make another flush on $ES. If this is a wave 4, it may be a triangle, but the only requirement is that it produce 3 waves and so it may also be done at the light blue c as well. We’ve entered the range typical for a wave 2 (in the blue degree down there at the bottom), and so we may bottom any time, but the best place for a two to find support is the lower end of the box, and so we can certainly still go there if we need to.

ES

And this is also possible, given how high this bounce has been:

ES


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