60 Minute Bars
Prepared by Jamie Saettele
“Since price has failed to accelerate in a timely manner (which one would expect if the decline were a 3rd wave), I am leaning towards the idea that the decline from 13340 is corrective. The next few days should offer clarification.” This rally may be the beginning of a C wave that will exceed 13340. I expect to go long next week, ideally on a pullback near 12750/80.
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