Instead of the expected zigzag so far we got a flat. But since it didn't even retrace 38 % of wave (i) this was possibly only a part of wave (ii).
The bullish alternative is still possible though. So far, we just got a backtest of the broken downtrend line.
Also the two fractals I posted are both still valid:
I posted the fractal above one week ago and so far it keeps correlating with today.
=> We should decline below 1040 this week.
And the bullish fractal:
