Bearish

It's been challenging for me to understand where the market is with respect to Elliot waves, and the best I can think of is that we are seeing a sideways 4th wave. The hope for an upcoming impulse wave is refreshing, but I'm not here to hope. The higher highs are subsequently lower and I believe the coming 5th wave will be truncated. If my exchange allowed me to sell short, I would.
Chart PatternsTrend AnalysisWave Analysis

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