All of the objectives that we have mentioned recently have been exceeded, including where wave 5 would equal wave 1 within the 5 wave advance from 1.4438. We are concentrating on the rally from 1.5282 today; which we are treating as wave 5 of 5.
The rally looks very close to complete. In fact, a push through 1.5625 would possibly complete an ending diagonal from 1.5521. Coming under 1.5535 suggests that a top is in place.