Cable. Been talking about a monster triangle this week. We have an under-throw and looking at this hourly chart, you could see a completed zig-zag (5-3-5) abc move down from the Jan 19 high for wave E of the triangle. As things stand, wave c is 1.618 times the length of wave a.
Whatever, I'd say if this is going to play out, it needs to bottom today.
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