This alternate count could be in play now:
The best thing is, that it doesn't matter now if it is going to be 5 waves down or 3 waves down. With a slight adjustment this count works for 5 waves down as well.
But the target would probably be a bit lower for 5 waves down.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, 
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DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser. The material in this post does not constitute any trading advice of any kind. This is just the way I see the charts and what my trading ideas are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is entirely at your own risk. I am not responsible for any of your losses. By reading this post you acknowledge and agree that you will never hold me liable for any of your losses.
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