Wave 2 didn't even reach 138.77, which is a sign of weakness. I do think the current minor correction is building up power to accelerate the next decline A break below the minor support line at 137.55 would start the next powerful decline (On the MACD a bearish Sling Shot is building - That signal if confirmed normally tends to accelerate the ongoing trend).Elliott wave wise we are in wave 3 of C, which normally is the most powerful wave.
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