Psychological levels are of relevance. Here we appear to be in the C wave of an ABC correction, currently in the 3 (maybe just starting the 4) with the 5 of the C taking us right down towards 600 psychological which pairs up with the previous motive wave's 4. Everything looking normal.
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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.