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- Wave 4 flat with a 5th wave tomorrow ending somewhere between 1107-1112 to finish off a running flat and the bear market resumes (the bear part of the chart is not shown).
- Wave 4 flat with a 5th wave tomorrow ending somewhere between 1107-1112 to finish wave A with a wave B testing 1100 before going to new market highs.
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- Wave 4 triangle and a failed 5th wave. Price action will break 1100 in the first 30 mins and closes the gap and then some.
So basically, I'm saying there is a very low risk short entry coming up tomorrow that will likely get us 10 points and maybe a whole lot more. At the same type a sell stop below 1100 tomorrow is also a good entry.