Bottom Line: Two Alternatives Lower for wave 2

04/04/26 10:09 EST (Last Price 2.02):

We’ve updated the internals to suggest that wave 2 is still unfolding as a flat. We anticipate further weakness towards the 1.6 region for wave 2. Because of the length of red wave 2, we can safely say that it is complete and the unfolding wave 2 should stay above that support level of 1.5.

 

Bottom Line: Higher for wave (ii)