In the recent upward move, the market has been giving nice 3-wave moves with good market symmetry. Wave C - D is almost a 100% extension of Wave A - B following a 62% correction. Wave E - F created in the last few days is about a 75% correction of Wave D - E. We may be in a short-term downward correction. For market symmetry to complete itself in this short-term correction, the market should trade down to 810 if it wants to complete market symmetry.
Charles
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