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| ES |
1. A wave E triangle to complete the correction (Blue labels)
2. A wave E zigzag down to the lower yellow trendline (Blue labels)
3. A combo corrective ending with a wave C triangle (Red labels)
Notice that option 1 goes with the main E-Triangle option I presented last night and option 3 goes with the alternate 1 count I updated last night? Option 2 doesn't exactly go with the bearish option but points in the same direction.
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| Triangle |
This most basic count lines up with option 2 for ES.
