Jan. 16th – Russel

Black and red count stay valid. The potential red diagonal count I showed on Tuesday got dismissed. But potential red v equals potential red i and the current low could work as red (v) of ((i)) in place – now expecting a three waves move up for ((ii)), see blue rectangle. Critical resistance for this count is 2.471.
The blue DMI gave a buy signal and prices are printing above MA 18 and MA 40.
Sarah