Looking at the 60min chart, I can see if my eyes do not deceive me that there is still another leg higher missing to complete this move, and it might push towards the 50% ret. With any W2 (If this is one) prices can extend to the start of the initial wave, so for price to push towards 2115 is all intents and purposes still possible. Be advise though that if a leg down is the count of W3 or W-C, then trading the long side could be a potential bull trap.
SEN: Bearish
ST: UP
PA: UP
Last blog called for an acceleration UP "risk".. and it has come true to form. There is a negative divergence developing in the intra-chart so the top could happen soon. I am still looking for at least another leg up to have a complete form of a 5 wave structure though and perhaps tomorrow will see that through.
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