He market hasn't done much to prompt any trades so I have been quietly and patiently waiting for the imminent decline I called for last week. Bearish signals are still in place and remain unresolved so I'm looking for lower levels in the upcoming weeks. I'm looking for an initial decline to a confluence of support at 2033-2050 before any meaningful and sustained bullish action should ensue.
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PLEASE NOTE: THIS IS AN ELLIOTT WAVE BLOG EXPRESSING AN OPINION AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. TRADE AT YOUR OWN RISK.