With the break above resistance at 97.84 I have had to change my count. This new count shows that we found an important bottom already at 91.25 and a new impulsive rally now is developing. As the first target I'm looking for a move slightly above 100.66 as wave 1. Once wave 1 is in place look for wave 2 towards 95.25.
Short term I will be looking for wave iv towards 95.85 and maybe even 95.01 if wave extends before the final rally higher towards 100.66.
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