Agree, indices should drop as a proxy to the fed monetary policy!
bowtrix
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2 big reasons why this is not my primary wave count. (Even though it's valid)
1) The tiny wave 2 pullback is very deep, as it goes all the way to the 0.618 (valid, but unlikely to be a 2 wave when it could actually be a corrective X wave) 2) Wave 2 and 4 within the Leading Diagonal structure are dramatically different in time, which I don't think is usual for an LD