Technically speaking, after a series of corrective waves forming the large sideways movement over the last three years, the last couple waves have been clear five wave patterns. The former wave C of (C) five-wave decline fits to complete the larger correction at two degrees. The latter five wave impulse, suggestive of the new direction of the larger trend, is likely completing its fourth wave, wave ((4)), setting up for a new high.
The leading alternate count is very , suggesting a larger 5 wave impulse will unfold and the current decline is the wave 2 corrective wave. The second alternate implies a larger correction is unfolding and that this is another within it. However, the next direction would still be up. I am interested in buying at 15.50 and 15.00.