[B]Commentary[/B]: The rally fom last week?s low is impulsive, and strongly indicates that at least one more 5 wave rally is expected with .8332 remaining intact. Near term, a c wave decline seems likely to unfold (see labels above).
A possible end for wave c is .8403/20, which is the 50% and 38.2% retracements of .8332-.8474. The previous 4th wave extreme is .8396, which reinforces support. [B]Strategy[/B]: Move to flat