Explained as lucidly as possible on the chart. The whole analysis is based on zigzag correction. I don't have a better alternative count so far. But mkt is the SUPREME. So remember the invalidation line.Till that breaks: BEWARE. DEEP CLIFF AHEAD. DISCLAIMER:- Views are personal. Should not be construed as trading advice.Trade as per your understanding/ method & risk appetite. NOTE:- Don't forget to press the ' LIKE' button for the advance warning. Additional- was expecting this up move & alerted much before it happened. Pl see the link attached.