IMO this pullback was to shallow for a Major 2 (Primary V) wave and with some of the European markets way overbought that tells me this correction is not over!
We have a nice inverted H&S in place for a push back up to the previous highs into futures close-out, then got a possible double top to take us down again into April for the final dive and new lows (past Wednesday low)!
Keep this in mind, worth taking a long here!
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Back to this scenario again...just made a double bottom low and got enough juice to see the previous highs again..but this correction is not over in my books!US charts not looking very healthy and could be forming a major top into end of week, FOMC meeting should squeeze the bears even more......
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