Ambiguous double top…

This double top is 588 points deep.  That forecasts a downside target of 1763.  IF…  If it is fulfilled and if its significance has not been canceled by the two waves at the end.  Wykoff practitioners might interpret this latest wave as a UTAD (or upthrust after distribution).

It is worth noting that the PnF chart is still wildly bullish, with a target of 3959.


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