It sliced through 672 as if it did not exist. The near term target of 681 was reached in one day. Now, we should be looking to 695. A few days ago 690 seemed like a dream. Finally the volatitlity index came down. The trend has changed and is up trend. Do not short the market. It has yet to go overbought. It is monthend buying and may continue till Friday. It is buy on the dip now. Many bears got burnt for the hardest thing is mentality change. It confirmed the completion of the wave5 and falling wedge scenarios. Tomorrow, watch 693, 682 and 675.
2c
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