Seeing some positive diversion from the previous corrective pattern. Stunning how closely it followed along to the previous correction (ABC flat). Still would be leery of potential throwback but it appears to be heading higher
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follow the pink-brick road...?
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Be wary of potential whipsaw soon. As uncanny as this fractal (just the same Elliot correction) is, they can violently diverge and stop following, depending on where in the motive cycle this one formed. To me, it looks like we still have plenty more macro upside, but gotta be on your toes.
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I believe we will get one more Higher Low to be before we drift/chop upwards for about a month and then explode up.
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Still following the previous correction quite closely with a few minor differences. If, and it's a BIG 'IF', but if the fractal continues I think we'll see one more leg lower before a choppy grind upwards through August into a breakout upwards at the end of this month or beginning of September.