After the New Years breakout STRAT is following a 5 wave pattern, nearing the completion of the 4th wave. There is still upside potential before a considerable retracement could be expected.
Not
There is an alternate possibility of the 5 wave pattern being completed already, with the breakout being wave 1. The correction will continue if so but past the bottom trend line support.
Not
The alternate pathway has taken place. Bull signs are building up for another run.
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