how about another 5 waves?

click to enlarge

Today's price action took away the possible s,h,h,s pattern and now implies another set of 5 sub waves up for an intermediate wave III.

The Composite is the Key and note we are coming up on 361.8% projection for wave III-I. It can go higher because there are more projections than just 3.618. Another concern is the distance to the cloud on the weekly & macd.