On December 16 I wrote that black circle wave 3 had just begun and that I was looking for a break below 3,080 to confirm and accelerate the fall down to 2,639 and below. We are still only in the very start of wave [C] which ultimately should take us below the wave [A] low at 1,665.
As can be seen we har currently in minor wave iii which should take down to at least the 2,882 area, before minor wave iv should be seen.
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