Initially anticipating a deeper retracement, last week's Wave 4 was exceptionally short. Combined with the extremely bullish and extended Wave 3, Wave 5 has a good foundation for a strong bullish continuation- possibly an extended one.
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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.