**SUMMARY**

The September correction showed an upward pointing wedge as shown in below chart. A redraw of the correction into a bullish downward symmetrical triangle is quite impressive because of near termination status. It's almost done. This type of wedge has bearish implications and usually the gudiance is that price can fall below the starting point.  

Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex.
<center><img src='https://s17.postimg.org/78shp2vpr/Screen_Shot_2018-03-06_at_11.20.21.png'></center>
***
 The red ABC correction is a FLAT with subwaves showing the 3,3,5 in precision. The blue arrow shows how any good Technical Analyst might call it a bounce awaiting a lower low. But even at this early stage of the bounce, not enough sellers were populated so that price had to go up.

 The red ABC waves have been labeled and the subwaves fall well into place.
<center><img src='https://s17.postimg.org/4epcbngov/Screen_Shot_2018-03-06_at_11.20.27.png'></center>
***

**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
<center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>