The targets i gave for yesterday seem to have now converted to tops for only Wave A not the whole of wave 2. I expect a drop tomorrow but if its a weak drop we may go higher, possibly towards 5400s and the 61.8% retrace of wave 1 and where we should come across some big resistance. 38.2 retrace for wave B would give us 5236 and also area of previous 4. Also if the A wave of 2 has finished where we are now, wave B goes to 38.2 and A = C, we finish very short of 61.8% retrace 5413
So i might have been early with my short positions but will hold them and possibly bank on the retrace down depending how severe the drop is
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