I barely had my post out yesterday, before we saw the break above 137.31, which determined that the bullish count was the right one. We are currently back-testing the neckline, but we should soon see the next rally higher. We are close to see red wave iii of black wave (iii) of iii, which should be very powerful and reactions will most likely tend to be small or even sub-normal the target for this wave iii is most likely close to 139.23, where it will be 1.618 time wave i.Wave ii was deep and powerful, which should make wave iv a shallow, but complex, correction drawn out in time.
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