If this does pan out, it will be a painful time for many. Look at a large A wave means that the C will be as painful, most likely more so. Something certainly to keep an eye on.
A EW "B" wave would really apply. Once the price starts heading higher, near everyone will be saying it is the bull run again. They will overlook the larger trend change.
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Yep, agree, this is what I suspect it will happen, B wave completion and many people trying to get back the money they haven't sold in losses before...but, for the moment, I hope my count gets invalidated by the breakout of the triangle upwards but the problem is that I don't see major volume coming :-(
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