This one is bullish alternative to the bearish one attached. I have to say I give this one a slight edge but I have the feeling that the fate of both will be decided next 11 days: CPI Friday June 10 /Fed meeting June 15 and massive OPEX late this month
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From an EWT perspective it looks very suitable: much longer in time and price (4) of W5 alternating with much shorter in time and price (2) of W5. Also both the original 2015/2016 correction and the current potential analog sit as wave 4s of their respective larger Waves. Also this potential (4) of W5 will be shorter in time and price than the bigger 4th Wave from Sep 2018 to March 2020.
