Considering for now a larger wave 3 blue done after a short 5th wave of lesser degree , we can expect a larger wave 4 blue to unfold. The size of this wave 4 will determine which degree of trend we find ourselves in and indicate clues for further advances. We are considering the possibility of a wave 2 pullback in a still unfolding 5th wave, but we need to remain above 4970 start of wave 1 if this is the case. The upward channel remains intact so we look for further gains once correction completes.
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