Based on my TA of scallop #1, we appear to be setup to test 51k within the first 72hrs and top out around 59-64k on the first impulse of Main Scallop #2. I believe the consolidation over the past few days that many, including myself, expected to take us down to abt 43k to have been mostly horizontal complex EW consolidation. At this point I do not expect a larger pullback, but it can never be completely ruled out, so be on your toes traders! DYODD. IMO.
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