Did the correction end at 134.33 yesterday? If support at 132,48 breaks, then the answer is yes.Odds do favor a break below this support soon, which will open for a decline to the longer supportline near 131,00.
If however 132.48 against all odds holds and we break back above 133.60, we should see a new attack on the 134.90 resistance.
The alternate count is, that a triangle is building, where we have just ended wave "c" at 134.33 and are now building wave "d".
It looks awfully close to a head and shoulders from C to present, with the bottom trend representing the neckline.
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