Feeders wave 3 of 5 extention in play

Aug Feeders formation is becoming more clear and look to be in a w3 extention on the daily chart and could target as high as 200.25 so I'm still waiting on this market to finish this 3rd of the 5th wave higher. It's not uncommon for 5th waves in commodities to extend… After this a sharp correction should be in the works for the 4th wave of the 5th.