Current Elliott Waves - From 2855.94, it started red wave 3, and so far it finished black waves i, ii, iii and iv, and now it is doing black wave v. I expect black wave v to be an extended one, which means it will probably last for another about 1 month or so (mid January-beginning of February). The black wave v will have 5 subwaves, and so far is doing the first subwave which could have been completed on Friday, so a small pullback before trending up again in subwave 3 won't surprise me.
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