conditional. I think we need to entertain this old count from last march:
Back then I suspected an advance up to 1645 to 1660 as late as july, we are almost there. There is a way to count wave 5 black as a completed impulse.
Bottom line: if 1660 is not breached soon with great strides, a significant top could be about finished. I would recommend trailing protective stops on long positions. Especially below 1583 at this time. I can see potential 8 to 12% corrections possible, if daily closes remain under 1660.
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