NASARAVI - Will have to see what happens this month with the Weekly. The Weekly should give us a clue as to what is coming on the Monthly. Right now the Weekly is due for a Phase 1 the week of the 22nd. A Bull market Weekly correction can drop between 50 to 130 pts. A Bull market Monthly correction will likely drop 100 to 200 pts. A Bear market will drop 200+
With the Monthly Phase 2 now at it's average in duration I will be cautious on the upside until either a completed Monthly correction or completed Bear market.
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