Two of the best technicians I’ve ever encountered have updated their recent work today and Monday. The well-known Canadian is bullish overall yet allows a correction as far down as $1,797 basis June Comex. My friend is bullish but sees support for a normal correction (one he clearly expects) to find support at the 4th wave low of previous degree ($1,809.40 basis June Comex) as is typical from an Elliott Wave perspective, which he consistently uses along with Gann Theory.

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