you are right; however see post 214, the last drop was bigger than expected by 1-2%, so I might have to recount the waves which will allow the next 2 months to go anywhere from 80 to 300 points. We will see what next 2 weeks bring. As I said in post 214, regardless of how we count the waves, all past corrections were identified ahead of time (i do not use a simplistic EW but one based on cycles and indicators) but the recount, if deemed necessary, will help identify the upcoming drops. Stay tuned, next weeks will be a tell.
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