I forgot to mention that with regard to option 1) listed below, there are some possibilities within that:
a) We may still be in the process of completing wave (ii);or
b) we completed wave (ii) at the high of 1105.67 or 1103.95 and started wave (iii) down. We have seen wave i of (iii) and are currently in wave ii.
No wonder we're getting such wild swings most days - the market is as confused as we are!
