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First I mentioned that fourth wave corrections take almost as long as as the whole impulsive wave. It came two bars early.
This is the channel. Looking for 2.382 @ 1414.50 as an general target. But with the deep retracemnet, the fifth may become an failure wave.
If the head and shoulders means anything. It points to 1410.
I look for trend line to hold here to go again higher. That lower trendline in yellow. When broken it will be confirmation the uptrend is over.
