The first point to note is the assumption I take of an impulsive cycle to the upside in the Intermediate (yellow) degree, of which we ended wave 5 at $27.74 then began a downward cycle of which we have completed the 1st leg in 7 swings and 2nd leg in 11 swings this was effected by the buying of Ronaldo giving us a 11 swings instead of the common 7 swings. however since that purchase the decline resumed and we are going lower to about $9.16 areas at the least after of which we will see the resumption of the bullish cycle to the upside which will mostly likely break to new highs...