The label for [iv] has moved a bit since the last update but there is no other change; with the bit of downside today, wave (X) should now be complete and (Y) of [5] underway.
Looking at the short term over the last 3 days, the best alternate is an upward flat.
The target for [5] is clearly ~1500 because of the targets in the chart above and the fact that 1500 is such a nice, even number. The next best target is ~1475 for a double top with [3].
Happy New Year!
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