The probability of a decrease remains.

On the daily chart, an upward third wave of a higher-degree wave (3) of C has formed, while a corrective phase is ongoing as the fourth wave (4) of C, with wave C of (4) currently developing. On the four-hour time frame, the third wave of the junior degree wave iii of C has been completed, followed by a correction in the form of the fourth wave iv of C, and the formation of the fifth wave v of C is currently being built. If this scenario proves correct, the downward trend is expected to continue toward the 62.60–50.00 area, with the critical stop loss level for this scenario at 74.50.

Shares of Netflix Inc., an American entertainment company and streaming service for movies and TV series, are trading at 69.00.