This chart shows 3 roughly measured moves using a simple line chart. The first two drops were approximately 7689 and 7844 points. The third drop would roughly take us to 5,316 with a third point decline of 7,713. This would also resolve the wave E lower low. This post is for entertainment only and not a recommendation to buy or sell.
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It has come to my attention this pattern is called a bullish 3 drive.