During the past trading day, no significant changes occurred. After a fairly active decline, the market entered a relative lull, likely due to the development of corrective wave 4.

If this is indeed the case, we may see an attempt to rise, which will not result in anything substantial. The price will begin to decline again and will update the current local minimum. Thus, the final wave 5 will form in the presumed downward impulse with an extended wave 1.

In this regard, it is recommended to wait for the completion of the specified impulse development and look for opportunities to enter into buy trades. Until then, no active trading actions should be taken.

Recommendations: Flat.