Wave 3 in play on the hourly imo, good bounce off the 61 retrace from yesterday, with strong impulsive buying today. Wave equality projection 20.5c (minimum), wave 3 usually extends though so i anticipate above that.
We should then get a shallower retrace on wave 4, usually a flat pattern or zig zag, before wave 5 starts , which will be the same length as wave 1 usually.
sp should be 5x imho, page-334
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