Position: Navy Blue Wave 1. Direction next lower degrees: Orange wave 2. Details: Orange wave 1 of navy blue wave 1 is forming, indicating a new trend. Wave cancel invalid level: 0.54866.

If it is taking longer this time, Maelius expects the RSI to retest the resistance to confirm the completion of the third wave. Also, the Eliott Wave count would be in line with the previous cycle ...

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At close: April 11 at 4:00:00 PM EDT ...

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