Yesterday's high held, so I'm labelling today's high as a wave (2) (on the bearish count - see Options 1,2,4 and 5) or wave [B] (on the bullish count - see Option 3).
Here it is on the bearish count:
I have the drop from today's high as part of wave 1 of (3) (it would be part of wave [C] on Option 3).
Its not clear whether the low marked iii is the low of that wave or if we still need another low to complete it. If its wave iii and we're now in wave iv, the invalidation point is 1096.59.1. If its the 4th wave within iii, the invalidation point is 1095.01.
Today's high is the invalidation point for this bearish count.
