With the new high today, it can potentially end an impulse wave (5 wave advance) from the Feb 2019 lows (10859)  and further suggest the end to a larger 3 wave advance (zigzag correction), a strong move back below 11400, then 11300 is further needed to argue for a move lower.

If the current advance is a 3 wave move ie: [a][b][c], then we can expect a new low back below the Dec 2018 low (10268) as the current advance is simply a bear market rally in an ongoing bear market that started in Jan 2018.

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