The market has reached a new top.
Preferred scenario; bullish: wave b is ended; we are in the first wave [1] of c .
The first alternate has the same implications (new highs).
the second alternate considers this upward move the wave [b] of an irregular pattern [a-b-c] of wave b still in progress, so it is bearish.
Have a great trading day...with care!
ElwaveSurfer
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