Yes, that was my second guess for a C wave to end at (horizontal blue, on the nose).

So, if a Thrust consolidates, the NBE (No Break Extension level) would become a target prospect.

There was a Touchdown low made, so the logical target is the upper 30 sample BB, 3 times to be exact, so a break at the 80 line has a high probability. You should get 23 hours of upside movement at least.

I am not so fond of the gray color, which sort of means too high volatility (5.16x stretch from the E-9), and that normally is not the end of an impulse move.

If the week were to close above 1.05863, you may have a swing low in place.

I’m now showing back-to-back push weeks, and the new cover levels are 1.0471 and 1.0386.

Deflationary bust. Whatever that means. Dollar 110 they said.