NJ weekly chart looks kind of ugly, too. We've made an initial Wave 1 up but the Wave 2 pullback can't be confirmed yet. Normally, a Wave 2 pullback on the TDI is pretty deep...normally close to the lows of where Wave 1 began.
But, there is a slight upturn at the bottom of the TDI so Wave 2 may bottom a bit shallow in this area. Hard to say right now.
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