of Wave violet, of Wave III blue.... ie: 5 of (5) of of III .
Probably in the sense that, an irregular if completed must show a swift recovery, which did not happened here yet and we are stuck at 10985 ie: between 50 &62% of c of irregular . This should have breakout immediately on either side. If down we can see 10000 again, telling us the correction is still on going. But chances are less for wave 3 to correct more in this fashion. So expect a break on up side to find new target for wave 5 and that make wave (5). See the channel for a possible target around 12950. Remember we are then completing wave too.