Are we there yet for a bounce? Maybe.
I have marked all conditions I need to take a full position. Meanwhile, I have a small position, just some calls really.
If the last set of 5 waves are complete, then the latest low (Feb 4) should hold. There is another unfilled gap below it that gives me a bit of concern for possible wave extension downwards.
So, I stay cautiously positioned. I may relax a little if MACD starts expanding.
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