Short
Near term Bearish ABCD won out
After a lack of follow through of the MS /XBOX live rally and failing new weekly pivot, bear ABCD took effect. We are currently having a small pause at a weekly support level but I don't expect it to hold (bounce limited). My target is in the 1980-50 area which is where ABCD end meets with another congestion level, fib ote and weekly support level.
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