**SUMMARY**

IF price goes below the upper white trendline and stays there, then we have a different scenario and analysis will be updated. 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. Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex. 

This type of wedge has bearish implications and usually the gudiance is that price can fall below the starting point. 
<center><img src='https://s17.postimg.org/wrku237jz/Screen_Shot_2018-03-06_at_11.19.46.png'></center>
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 A redraw of the correction into a bullish downward symmetrical triangle is quite impressive because of near termination status. It's almost done. The early recovery of the September correction also looked very corrective in that it seemed very three wavish.

 When drawing chart patterns, I do take liberty in cutting out or ignoring some price wicks as you can see, the tallest wick is not considered for the pattern or Elliott Wave counting.
<center><img src='https://s17.postimg.org/tkqaihpov/Screen_Shot_2018-03-06_at_11.20.04.png'></center>
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**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>