After that huge run up to 185+ the slide yesterday appears to be a W2 formation….but the only way I’d even think about considering buying it is if it took out 170 to the upside or .786 of the entire W2 correction..if this happens W3 could form that could hit as high as 400-410(!) long term..that would be W2 before W3 at 1.618 X W1..

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