The correction phase for SLP is likely still ongoing.
My primary count expects further downside for green wave V to complete the larger blue wave C.
The 100% extension level (at 0.002865) for blue wave C is the most probable target, occurring in over 70% of similar scenarios.
Invalidation Point: This count invalidates if SLP rises above 0.0062 without first reaching new lows.
My primary count expects further downside for green wave V to complete the larger blue wave C.
The 100% extension level (at 0.002865) for blue wave C is the most probable target, occurring in over 70% of similar scenarios.
Invalidation Point: This count invalidates if SLP rises above 0.0062 without first reaching new lows.
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