The market bounced today as expected but until 2011.91 gets taken out, today's wave remains a counter-rally. I haven't tried labeling the intermediate waves to avoid confusion as the market continues to be in what seems like a triangle. But we should see a decisive move either way sooner than later. I am maintaining my position unless there are clear signs the market wants to break out of range.
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Short Term Trend = Bullish
Medium Term Trend = Bullish
Long Term Trend = Bullish
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