My reading of today's action is in the chart above. The market started today the leg-up that I was expecting and by the action and the proportions that unfolded, it looks like a wave 3 thrust, of what degree I do not speculate.
Based on extension projections of 3 different proportions (see chart), I see a short @1362.25, for a conservative 2-3pts profit target.
Realized P&L was €3,956.
I end the day flat.
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