Drop to Below Current Range ~3,100 Predicted by Bearish Triangle
As shown in the chart, if the triangle labeled B was wave B of a 2nd wave down, it fairly accurately predicted the current drop. A smaller bearish triangle may still be in the works to finish this decline to around 3,100. After wave C down, the decline should be finished and the trend should be up again. A subsequent 3rd wave up, if this is the case, should be spectacular.
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