Again, a break of that top channel would be a big deal at this point. It would suggest that the recent pullback that I avoided was wave 2. But let's be honest, that would make the current wave a 3rd and none of this looks motive to me at this point. The herd could, however, change that in an eye blink with a gap up above that top rail so while primary is still down over time, a blue path that breaks out is still a 30% chance as of today. A small break above the top rail of that wedge and then fall below the lower rail says a trip to mid channel or lower will have likely begun.
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