Looking at price action since May 2021's high, we could be close to the end of the descending cycle.
We have already reached 100% extension of gray A-B, which is a very common condition of Wave C.
In my primary count, we are currently in black wave 5, which would give us a new low below 183.4.
We have already reached 100% extension of gray A-B, which is a very common condition of Wave C.
In my primary count, we are currently in black wave 5, which would give us a new low below 183.4.
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