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I do not think we will go any lower than around 2060 before the election which is where the weekly earlier top trendline goes, as well as the fib 0.382 since the Brexit bearish drop. -That is ofcourse if Hillary wins the election. If Trump is to win, expect at least a drop down to 1950 which is the fib 0.382 of ...
We are now near the upper bearish trendline defining point (B) in the proposed corrective wave count. I would look for shorts now, and I am expecting a breakdown in the nearest days. I would place my SLs around 1.13400 above the latest swing top.
Possible long term wave pattern. If valid we seem to be in a ABC correction, and should expect a move up in price to point C. The first target zone would be last impulse wave 4's zone which goes up to around 62.5