Yesterday I said: "we may get short-term-target for bull as to end the wave iii=(v) at 1463.20 or 1470.50. I suspect that 1470.50 would be more possible..."
The price movement looks that wave iii=(v) had finished at 1464.02 just ticks higher the value 1463.20.
The pullback printed a LOD at 1452.63. This may be already or not yet the target of the corrective move of the wave iv. So we have two scenarios:
1. Price continue to bounce from yesterday's low to make a wave v.
2. Price will make a further pullback possibly to the area 1450.00-1445.60 to finish the corrective wave iv before resuming the bullish move to make a wave v.
Sorry for the chart posting late! I lost the internet connection, then had to go out and just be back.