Update: 12:24pm EST: ES 3449.00 zone could be top of a small 3rd wave (iii) that originated from a 2nd wave (ii) low on 8/21 at ES 3355 zone
Staying open to the possibility of the cyan trend line being a leading diagonal. A throw-over might give a clue to it being an ending diagonal which seems more likely given all markers that are showing presently.
Dow has a higher gap and SVXY has more upside to go.
Lower chart shows larger scale view.
See Important Long-Term
..and possible bounces/bottoms:
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