Levels stated for validation 6090 and invalidation 6800
support :
ABCDE : volume declining points A - C hit points 0 - B - D hit E overshoots sell offs are more violent than bull PA supporting trend direction
X primary WXY subwave structure is supported with structure and RSI second chart is older but shows prior subwave count
W subwave ABC structure of X primary passes fib check
Volatility is looming and we want to be prepared for PA no matter which direction we head, with that said I do lean bearish for the reasons listed above. I have one bullish outlook that i have tucked just in case levels are invalidated BULLISHLY .
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UPDATED AS some things look to have changed but slightly