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TVIX may deliver that rally in wave c of ( b ) up
I keep counting the move up off the last low made at 20.60 on 22 May 2019 as a corrective wave ( b ) up setting a stage for another drop targeting new all time lows.
That wave ( b ) up is supposed to be structured as a-b-c. We have got a up followed by b down.
Ideally we should get another rally in subwave c up that would complete the corrective wave ( b ) up off the lows.