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A fair assessment Iris. A slow march North means continuation.
Extreme volatility can mean reversal.
Small target trend trades with psychologically artificial stops get the beans kicked out of them during this fast back and forth volatility that often spells reversal. This happens both in wave 4 retraces and wave 5 capitulation impulse wave. This is why in my opinion it important to be able to identify wave 4's and wave 5's and trade them for what they are; otherwise stay away from wave 4 and 5's.
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