The following chart is an alternate view of today's early action. It is also an alternative that was not discussed in last nights update. When using EW, there are always several counts that are viable during the middle portions of wave structures. Anticipating them and having an open mind, rather than being locked into a count is critical to our success as traders. Should the market hold support and rally above 1304.75 then close the gap, then this this interpretation will most likely be adopted.
Best of Trading
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