FDX - It has completed the 3rd wave up in strong up trend and started correcting the move. The Y wave down in WXY correction as 4th wave in progress. So sell near 282-286 with stop level above 289.75 for target zone below 250. There a probability of triangle as 4th also possible. so in that case price would go up to 262 level. After completing 4th wave near 250 level, it is again turning in to bullish and go above 300 level to complete the wave 5.
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