The only problem I see with what I came up with is that it doesn't allow for much of a pullback on the market at all. It would only be a very light pullback.
So now I'm wondering if where I had Wave A was the end of Wave 4 and the new high was a very short, brief Wave 5 peak.
If so, AU is gonna drop long and hard along with the market.
Hmmm...I like that idea better. It makes more sense.
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