Pay particular attention to the 2 moving averages here (65 and 200) just after the 65 ema crosses above the 200 ema ("golden cross") the very 1st 50% retrace after that often locates the end of wave 2 and the beginning of a wave 3....w3s are most often the biggest wave in a 5 wave cycle ("Elliot Wave")..now we haven't seen either of the 2 x moving average cross ("golden cross") or the 50% retrace but its looking pretty likely imo...no need to rush in before a wave 3 starts, lets see how wave 2 pans out first.
APX Charts, page-1203
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