(Apparently, Vato56 had a beef with my blog and didn't like my tags so silenced this post). Reposting.
Vato56: Just a curteous message on my comments would have been better.
I'm putting together a bullish scenario on NEO because the a,b,c was a very clear and clean 5,3,5 zig zag. Wave a (red) was composed of five sub waves (i,ii,iii,iv,v white) and wave b (red) was a three wave and wave c (red) was also composed of five sub waves (i,ii,iii,iv,v white). So, if the a,b,c, correction is complete, then a five wave motive in opposite direction should be visible. To this, I labeled waves i,ii,iii,iv,v (blue) to make up wave 1 (white). I then labeled the wave 2 (white) as a complex correction consisting of w,x,y waves. Price is currently working to finish the y wave. One complete, then wave 3 (white) should onset. A confirmation of wave 3 start will be if price breaches the upper blue line. Then we'll see another set of motive five waves and these would be the subwaves of wave 3 (white).
PS: I've been practicing to put video updates. I will probably post the first video update tomorrow AM time EST.
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.