Is it happening?
EDIT: I drew the C wave around 200 because according to Elliot, C wave is always at least the same length (or more) as wave A. However, that is just a guideline, and not a hardcore RULE. I do expect us to *at least* fall to where the A wave was $450.
Edit 2: As some others have pointed out, I may have had my count wrong. The (V) may be only a (III), however it would not change the outcome. There still needs to be an ABC correction to (IV). Here is an image
EDIT: I drew the C wave around 200 because according to Elliot, C wave is always at least the same length (or more) as wave A. However, that is just a guideline, and not a hardcore RULE. I do expect us to *at least* fall to where the A wave was $450.
Edit 2: As some others have pointed out, I may have had my count wrong. The (V) may be only a (III), however it would not change the outcome. There still needs to be an ABC correction to (IV). Here is an image