The break above 84 has forced me to change my count. Wave 1 ended at 75 and we are now headed for the 90 handle in wave 2. At 90.05 we will reach the 38.2% retracement of wave 1, which fell from 114.83 to 75 and at 90.52 we find the top of wave iv of one lessor degree, which will be a normal target for wave 2 to end and setting the stage for wave 3 down.The correction towards 90 could be a nasty drag, if this correction follows the three other correction we have seen down from 114.83, which all took 5 weeks to end.
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