After wrapping up blue 5 / black C from my previous analysis, it seems that we have a bottom in place and a new impulsive wave is underway.
Blue 2 happened as a flat correction (green abc), and blue 3 should be in its final stages.
There is a solid support zone around 450, which could be an interesting level to look for longs in the blue 4 pullback.
Also note that blue 3 is an extended wave (over 250% of wave 1), so statistically we would expect blue 5 to not go much further high.
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