Sometimes you just look for the look... as far as Elliot Wave is concerned, if this plays out, it will complete the look of IWM's long-term path and set it up for a massive ride higher once this correction has completed. Triangles are best drawn after they have completed, but sometimes you can front run a pattern and still be predictive in nature. So, if this triangle doesn't mature, I still expect the lows that are depicted to be tested - as a retracement into that region would definitely create the look we'd look for so we can feel comfy about going long and strong! GLTA!
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