WAVE 3 UP ON DAILY

WAVE 3 UP ON DAILY

The market is in wave 3 up on the daily chart.  Highly unlikely that the market is going to sell off.  The measured move should take it to just above 2240 at the very least, with a likelihood of 2320.  Slopes are positive and price is above moving averages.  

Stop no lower than 2158 and target of 1:1 at 2201.

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