Tough decisions, clear direction

There are lots of possibilities at this point. A first choice comes when deciding how to count the initial decline, is it a 1-2-i combination ( left ) or is it a complete wave 1 ( right )? After that there's another choice for the correction. Is the correction over, nearly over or is only the first part of the correction over? We'll have to wait and let the waves show us the correct count. 1 thing is clear however, the 1-2-i combination and the complete wave 1 both point to eventual ( or immediate ) lower prices.


(click to enlarge)