The wave doesn't stop until we can count v of 5 waves down. And the v wave can also subdivide. Right now, we are in an extended 5th wave, so I expect this v to extend as well. This should lead us to the 200 week MA. The level to watch is 2985, if we break that there is a good chance we reversed.
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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.