From an Elliott Wave point of view, we could be near a downside correction (wave C).
The rise from late May doesn´t have the same momentum, and looks like an ending diagonal.
A break from the bottom of the ascending wedge would indicate wave C is in progress
The rise from late May doesn´t have the same momentum, and looks like an ending diagonal.
A break from the bottom of the ascending wedge would indicate wave C is in progress
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