STMP - this decline looks corrective and is setting up a new rally

In STMP we have got a strong impulsive looking rally off the 81.20 low made on 25 Feb 2019 and then a corrective looking decline. This corrective structure is so called, “triple-three” which is subdivided into three A-B-C structure connected by waves (X) and (XX) up. On a micro level it may need one more low into the green box to complete that large corrective wave [ B ] down

STMP - 8 min chart updated on 3/20/2019

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