Yesterday the DJIA put in a sequence (highlighted in blue) that hints at a more extended move in that direction. The simplest retrace would be back towards the ATH’s in wave black B of a flat retracing a minimum of 90% of wave black A. A combination correction in blue would be the least likely as a result of the S&P 500 not retracing the 23.6% for it’s presumed fourth wave and the odds of that weighted at 15%. A running triangle wave B in red is still a very viable option as well. Ultimately I’m expecting more lows it’s just a matter of whether we go sideways and then down or retest the highs and complete a round trip lower. Either way I fully expect black C/Y to be realized.