Potential bullish triangle. Void if index breaks below 96.17. The timing and ending levels of prospective "D" and "E" waves are hypothesized based on equal time cycles among peaks and among lows, and assuming .786 proportions for "D" of "B" and for "E" of "C" (following from the "C" wave's actual .786 proportion of "A"). Based on this, potential for minimum upward thrust to 101.50 level.
Update 4/28: The 96.17 level has been broken to the downside. If this will still develop as a triangle, I will now have to take the view that the ABC waves thus far have been the component waves of one larger "A" wave.
Update 4/28: The 96.17 level has been broken to the downside. If this will still develop as a triangle, I will now have to take the view that the ABC waves thus far have been the component waves of one larger "A" wave.
