It appears that we are hovering around 360 level as it has pushed thru the lower part of my target and has reached the next lower band of 3.586 with a slight push thru… to 357. This is also looking more and more like a contracting ending diagonal for the 5th wave of a c leg and the rally late yesterday was the w2 of 5 and w3 of five could have completed this morning . Now I will be expecting a push back to 363 in a 4th and then the final 5th down to a possible new low and then the reversal. We will see how this plays out…. Still positively long!
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