Below is the chart of the contracting shape of Diagonal.
|Potential Ending Contracting Diagonal for Primary V|
The lengths must measure such that (5) is shorter than (3), and (3) is shorter than (1), and (4) is shorter than (2). Furthermore, wave (4) must overlap wave (1), and all the three-wave sequences 'must' be countable as zigzags - or multiple zigzags - only.
We'll see how it plays out. So far, the needed high of 2135 for Intermediate (1) has not occurred, but prices got to within 5 points of that level on Friday.