Price still not made it over the Daily Pivot but we are at the 162% extension of the A&B leg of what I am hoping a completed ABC. That pivot bounce also coincided with the expanding diagonal perimeter and has created its own minature Expanding ED. However, the half-cycle trend line continues to remain above its full cycle brother, keeping me out of any selling and I continue to wait for a lift to the upside. A break of the DP and then the displaced trend line will see me add longs.
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