OK, the divergence is now certain and a retracement of AO towards zero is expected, where the fourth wave is supposed to finish.
However, there is still the possibility of a new lower low in price before the fourth wave actually begins. :)
If you see the "Aussie map", linked below, gives a more rounded picture of the local market at the time being.
Stocks are currently in confluence area that gives the shorts better probabilities for a possible correction.
Momentum divergence can been seen from miles away and a closing below the up trending arc line will have the sound of a bottle opened,...