When using Elliott wave its best to let go of ones bias and just let the market do what it needs to do. Here is my bias! if we break the yesterdays low a small degree 5 waves will have completed which should cause a corrective pop only to sell into for another 5 small waves in the least. If we go into wave 1 territory then this was just another correction. By being objective there's no reason why a person can't make money on this. I personally closed 2/3 of my short off the 161.8% projection at the low since it was identified as 3 waves so why sweat it! Let the market show you the next direction, :)
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