The market is impulsing today and is looking more bullish than bearish; the
(c) or
(iii) wave is more extended than the
(a) or
(i) wave (about 2 times as long). The count shown looks more as if
[c] bottomed but the market could still go either way.
We moved through the 50% retracement level of the
[i] or
[c] wave.
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