The minor flat correction from 148.81 has fulfilled all requirements, which means we are now ready for the next rally above 148.81 towards resistance at 151.44. A break below 147.60 will be of concern, but only a break below 147.13 will cause a review of the micro-count, as that would create an overlap between minor wave i and iv.Longer term I expect wave iii to hear for resistance at 156.26, where wave iii will be 1,618 times longer than wave i.
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