Well hind sight is 20/20 as always and what was originally I thought as a wave 3 , hoping to take the 4th wave up to wave 5 turned out to be a down leg in a triangle.

This as of 12/8 looks like the end of a running flat correction and in the intermediate down trend the 1,2,3,4 & 5 wave structure is done and heading lower from here to go test the $250 level before we can bounce back.

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