More scenarios can happen yet--as this fourth wave unfolds. The fourth waves of zig-zag---diffidently scalping materail.

On the chart I moved the number -4- wave over. It is not complete there.

If this is a running wave four. The -c- wave will end there--64.10-- and the -d- wave will go higher and then -e- wave will come back. A motion of higher lows and higher highs in that lower channel. Then the fifth wave.

The other two scenarios I described in last post. Notice the Fibonacci on the chart.

If there will be a deep retrace. The .618 should hold in forming an -1-2- formation here.

If it is a shallow trace to 62.8. It should go no higher, sideways forming a small fourth wave and then lower into 62.8 area.

I hope this helps in deciding how to handle the monster hog.

Best of trades to you