The Es's are now up against the 61.8% Fib retracement of the move down and also a 127.2% Fib projection on it's move up. We also have 7 small waves in! This could offer some resistance so be aware! If we blast through it, it would add evidence that this was just a large correction. If we form an 8th and 9th wave then it could reverse also but it should form a higher low in the structure which could be a buying point!
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