More downwards movement was expected as possible, but a close below support is more bearish than expected.
A little more downwards movement has unfolded as expected.
A little downwards movement within a consolidation was expected to continue for Wednesday.
So far price is behaving as expected this week. The breakout direction is still expected to be the same.
Price remains within an identified consolidation zone.
A new hourly Elliott wave count is considered for the very short-term picture.
Another small range day fits short-term expectations. All Elliott wave counts remain valid.
A small inside day leaves all Elliott wave counts unchanged.
Upwards movement was expected for Thursday. This is exactly what has happened.