There is no change to the long term view and most of the count since the last update; the market should reach new recovery highs soon. When this happens, there will be a riding wedge pattern so some caution should be used.
There are still higher highs and higher lows over the past few months. A sideways correction is possible, but the complexity of this pattern is now quite extreme.
In the short term, an impulse wave higher likely unfolded since Thursday.
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