The resistance at 1458 was closed above today negating the 1998 20% decline pattern. The path from here can take two probable patterns. Open lower and repeat the five waves down from 1479 to 1431 dropping to 1415 area for an ABC retest of the low. Or it can continue on up from the open to near the upper bands at 1484 to 1479. The better quality low would be the drop to 1415 by Friday. The best buy now will be the next low like the one we just saw.
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