SSO gaps: first gap filled.

Question is if the 2nd gap will be filled too? From a regular PIV is a zig-zag count the move up has already surpassed the standard 50-61.8% B-wave retrace. This puts me in doubt if we’ll see a zig-zag at all. The alternative is an flat correction for a possible PIV. These can be regular (wave B terminates about at the level of the beginning of wave A, and wave C terminates a slight bit past the end of wave A), expanded (wave B -of the 3-3-5 pattern- terminates beyond the starting level of wave A, and wave C ends more substantially beyond the ending level of wave A). In a rare variation on the 3-3-5 pattern, which we call a running flat, wave B terminates well beyond the beginning of wave A as in an expanded flat, but wave C fails to travel its full distance, falling short of the level at which wave A ended. (source: http://www.elliottwave.net/educational/basictenets/basics3.htm)

SSO UPDATE 02122014

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