Moving in the right direction towards our 103.50 target zone (a=c & .618(2) & prev. wave-4 low). This 3-wave corrective pullback could mark all of wave-(4) or just wave-(a) of a flat or triangle. The first key is to stabilize at slightly lower levels and critically above 103.09. S/t, the first sign of stabilization can come from a bounce off of 103.50 and subsequent rally through the current bull flag resistance line near 103.90. The next key upside resistance is 104.16/50. Conviction: Med Levels: Support – 103.50, 103.30, 103.09 Resistance – 104.17, 104.49, 105.44
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