we're at the time in the market where we're going to find out if we've bottomed. Two options for the market here imo. See chart for blue vs red.
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8 months later and its still not clear if its red or blue pill as we can simply be in that wave right now.
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1 year later and obviously blue pill scenario was pretty much spot on with price level hitting the exact C target then reversing. More importantly if the ABC correction turned out to be correct that means theres a strong chance we've started a new 5 waves up. This move from 14,000 being wave 1. That puts big numbers in play like $160,000 market top.
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