Seems prices are subdividing patterns and time. While we are in following two strong possible EW patterns, it seems that we have to wait a while longer for the true intention of the market. The sideways movement of the market today suggest that a lower price is setting up, but the anticipated lower move can be an extension of a c-wave of B.
The ST has not changed its direction and we should look for a higher prices eventually once this small sideways move is over, unless we get a change soon to the downside.
SEN: Bearish
ST: UP
PA: NA
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