Forgive me I am no good at drawing graphs, but I'm getting better. It looked like a Elliot wave when I first saw it reach (1) and then (2).
Wave C is going to be the last leg before it goes up bull again. Well have to see it short down to 122 before it jumps back up to 124~125 area. I would love to Long right now for 5 months down the line.
I'd give it another month of consolidation after this and another bull run in first half of September.
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