That ends any dreams of a triangle. So maybe 1-2,1-2 etc. which is what all (40+) the B-waves suggest.
CM update
On the left is today’s chart; on the right the view earlier this year on the 22nd of March. Apart from the slight throw-over the stock is doing precisely what should be expected after a completed B-wave. The stock is now down $14 from $85 to $71, it should continue to about $43 before finding some support. After that it should go lower.
UTX update
UTX is breaking down as expected. It is now well outside the year long channel that it had been in. The break is decisive.
ADM update
So ADM reported and the results were less than expected. The stock is probable in a 4th wave of 1. It should find its footing (briefly) soon. Then it will go further.