Looks like the market is triangulating up top here. So either my wave ii is playing out some sideways combo corrective or this is some type of wave 4 that I am missing. Either way, this is implying a possible move higher.
Daily MACD buy signal triggered today.
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| 15 Min |
Bigger picture all this could be setting up a larger wave (2) flat. We'll know more if 3588 caps the move and the wave structure looks like a three wave affair.
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| 60 Min |
