As a result of the redefined, the Elliott Wave Intermediate degree (Scenario 1 & 2.1) wave 4 correction is of 2 possible structures, an Expanded Flat (3-3-5) pattern OR a Flat-Zigzag double-three pattern. This is due to the ongoing Minor Wave C yet to fully developed into a clear pattern which results in these 2 possibilities. Actually, the Expanded Flat case was first mentioned on STI Analysis -- the next peak and trough ? (XIII) dated 9th May 2018.
For the Expanded Flat pattern, the Minor Wave A itself consists of a sub-level Flat pattern (3-3-5), A-B-C which lasted 3 months and that is why it stretches the current correction to 7 month old and still ongoing ...
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