[B]An ending diagonal is underway from the 1/22 low at .7494. Exceeding the wave 3 high of diagonal at .8214 would satisfy minimum expectations for wave 5. [/B]
Today’s high is right at the wave 3 high of .8214. It is possible that this is the top of wave 5 and the entire rally from .6639. Under this scenario, larger wave C would begin now and eventually come under .6639.