The microcount looks impulsive down from the top (and no, I don't think it's the start of P3. See yesterday's post for my thoughts). However we need to start breaking uptrend lines (including the one shown below) for this rally to be considered to be over.
Again, this is a corrective wave, so there are still a myriad of ways this can still mutate and rally higher. Only when we start breaking trendlines, support lines, and some important MAs will this rally be over and a correction will begin. Not before.
