If the blue wave count is correct, another new high is not so far away alternatively, complex sub wave e is also possible OR sub wave d is still unfolding (although less likely)
Not
Not
we still can not rule out a double zigzag for triangle wave {d} so far
Not
double zigzag wave {d} is less likely to happen
Not
sustain break above 6998.6 would likely to suggest triangle is done
Not
Not
I am still inclined toward the (i)-(ii) + i = ii scenario
Not
we can have a bearish reversal if count the wave like this alternatively, this 5-waves sequence only forms wave i circle instead
Not
immediate break above 7446.6 would signal more upside potential as it would suggest the sharp decline since 7508.6 was in three waves and it could be the sub wave (ii) of red wave {iii}
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