Hey traders, the wave count on the lower degrees agree with continued bearishness before a rebound. I expect bearishness thoguhout the week but this is speculation based on previous price action. The invalidation level is up around 1320 and a lot can happen in that range. Be cautious with any long positions until wave-C completes. Cheers!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.