The recovery from Nov 9th´s low has been a grind up, forming a classic bear flag.
We also have the wave conditions to consider the correction is over at 61.8% pullback (at least 100% extension from the previous "W-X".
One more leg up is not ruled out, but in case it happens, I expect it to fail quickly.
The break of the flag would target $33 for a new lower low.
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