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Monday, March 14, 2011

Elliott Wave Update ~ 14 March

Primary count is that the market is setting up for a third of a third wave down.  The squiggles are a tough read so if a larger rebound occurs as long as wave [ii] top remains intact.
There are other indexes that lend support to the view of a third wave down such as the CAC and DAX and of course the Nikkei.

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