So, which sub wave is this?
The sub-wave of 9th august clearly looked like a descending one, while on the 10th it was undefined.
My guess is that we still have a slight upward trend due to the
BTC withdrawals from Fort Gox, and
this interferes with the waves, making the weaker ones difficult to recognize. We'll know for sure in 2 days.
PS. In 2 days we should know for sure if we are now in wave B of the corrective trend, and moving into wave C.