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Notice the ascending triangle pattern. I'm not so sure it fits as a triangle in terms of the EW count but I think the pattern itself has to be respected. We may know soon enough which way it will break out.
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Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.