With the latest rally to 141.21 we can now count five clear waves up from 125.84. Wave 5 would be equal to wave 1 at 141.05, which means that a top could be in place or close at hand. To confirm a possible top we need a five wave decline followed by a three wave correction, which ideally will correct 61.8% of the decline.A break below the 139.11-139.50 area would be first minor indication that a top could be in place, but only a break below 137.73 will confirm the top.
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