I continue to work under the premise that the wave (iv) correction has completed and now struggling up from April lows in the early stages of wave (v). That said, I won't pretend the form for the last couple weeks is very clear. Near term, favor higher in SPX to at least 2704 over the next few days at which we find out if the low from last week was wave 'ii' or only the first part, 'a of ii'.

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