I am looking for the final leg of a 3-wave correction to complete soon.
On the S&P, if that miraculously happens very close to here, this wave 2 will be a running flat, if a bit higher at the “technical bear market” level, then a regular flat, and if at the orange box, then an expanded flat.
If we get above the 7/8 high, then something else is going on and I will have to reconsider.
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