However, I am changing what I had viewed as a triangle B-wave (yellow degree) to a simpler 3-wave move, and from that, we have a clear 5-waves down. If that is correct, we are virtually at yellow “c” = yellow “a” now.
Obviously, stocks aren’t going anywhere fun until yields stop climaxing every six minutes.
I eagerly await this to turn as it would begin to unravel one of the most one-sided trades in history, and, this would be a good spot for it to finally do so.
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