This is kind of a pretty textbook setup. The green fib grid shows the inverted flag retrace to the 38% fib, while the light blue fib grid measures the predicted pole length of the next inverted flag at 161% fib. The third flag is very weak suggesting that the sequence will end around here and start climbing. Too early to say that yet, but 884 is also the bottom of the channel for today, so it is very likely to be the case that 887'ish will be the recovery.
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