So the wall st. decided to balance today at 4K level but I think we will go for a retest. It also confluence with wave 5 and the larger abc pattern. Wave 5 should be there by march so don't get greedy and buy short term puts, you will get burned. I am taking ES scalps once I see a confirmation.
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FYI: Analysis invalids if we pass 436. This can retrace upto 0.382 or 433.50 level.
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436 passed, now it is bullish. Buy the first pullback and stay happy.
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