Since price broke our last "clue point" so our HS and neckline could be in play we have been trying to forecast this bear rally, because this Intermediate wave B is part of a bearish cycle wave 2,down and we are posting this forecast for our own record. Our principal points to watch are:
1.- The end of wave 3 of c of B at 1,442.
2.- The end of wave 4 of c of B at 1,282
3.- The end of wave 5 of c of B at 1,488
We stick to our overall forecast of a cycle wave 2 down. What is more difficult to try to forecast is timing.