Red wave (iii) ended a bit lower than I expected, as the top was seen already at 146.96 and we are currently in red wave (iv), which has support in the area from 145.50 - 145.99. Ideally red wave (iv) will find support near 145.99 for the next rally higher towards the 147.58 - 147.98 area depending on where red wave (iv) finds it's bottom.At this point only a break below 144.47 will invalidate my bullish count and call for a recount.
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