The cash stock indices did not 5-wave up and are still locked in a sideways consolidation. The futures did 5-wave up. The overall pattern in the cash market is that of a rectangle 4th wave since early Monday. Buying 2% SSO here at 38.00
I'm betting that the Minuette3 wave is not complete and that the action since Monday is a 4th wave rectangle with upside breakout still ahead of us.
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