[B]Commentary:[/B] A 3rd wave may be complete at .7930. Expectations now are for wave 4 to unfold and bottom close to .7777 before a new high in wave 5. Ultimately, a measured objective for the end of the rally from .7237 is the 161.8% extension of .7237-.7637/.7452 at .8099.
[B]Strategy:[/B] Flat