Staying open to both the possibilities that the five waves up from 1260, may be just minuette 1 of minute 5, or the complete minute 5.
Today would be wave 3 of minute 5. The financials have rallied, but not as hard they should have, to finish their own wave patterns, by the time SPX reaches 1300.
Have to stay open to possibility of SPX going upto 1350 with more extensions unfolding, so the financials can complete their wave pattern.
It seems unlikely that the broader indices top out, while financials continue to go up.
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