June 13

As I said Friday, assuming my count is correct then we are reaching a zone were we should expect a bottom for this Minute (or maybe Minuette) degree wave. Today we came down to the 1.618 price extension ratio at nearly the 0.786 time ratio. The divergences on Friday got even more pronounced today.

I tend think that we are at (or at least very near) a pivot for a multi-week reversal.