The first opportunity to enter this trade arrived today. A clear reversal at the previously identified top of the terminating diagonal may mark the end of wave 5 of 5 of 3.
The stop Loss is marked around 19400, that really is only to catch a suddenmove I rarely allow trades to get to the stop.
I will be looking for the Dow to fall below 1900 quite quickly and then begin a long multi month decline.
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