So sorry I can't update my forecast yesterday due to uploading problem at imageshack. Therefore, next time in future, please kindly to double check any update from my blog. Hereby I upload again the previous updated forecast for yesterday evening together with recent forecast. Sorry for the inconvinience.
Yesterday 7.51 pm
At this moment price already bounce back from my lower major red trendline. I believed either subwave i (magenta) already established or subwave i (yellow) still in progress. A breakout to the lower red triangle trendline would bolster this bearish continuation scenario but be extra carefull for alternate count in white. Preferable - bearish continuation trend to complete wave 5 and C (magenta or yellow) in progress with condition my retracement critical line stay intact. Have a nice day.
At this moment, price already break my lower major red trendline and already inside my bearish bias maroon zones. Therefore, I believed subwave i (magenta/yellow) already completed and looking forward for a confirmation of subwave ii before we can see another bearish continuation to complete subwave v (magenta/yellow), wave 5 and C. Either subwave ii already completed or not, I can only determine later.
Please also noted that if scenario is valid, then there is subscenario which is either wave 5 is truncated (magenta) or an impulsive (yellow). Also don't forget about the possibility of wave count in white. Good luck and happy weekends.