Daily Chart: Forming 1st correction. Currently had two legs within correction.
Current thinking: Two possible outcomes. The up leg resumes from here. But that requires too large stop and is not my preference. If we miss, not a big deal. Another outcome is the market forms 3rd leg down and comes into the 80.75-81.5 zone. Given strong down bars in the correction so far, I think a 3rd down leg is likely providing a low risk entry zone (circle on the chart).
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