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Tuesday, May 17, 2011

Elliott Wave Update ~17 May 2011 [Update 6:33PM]

[Update 6:33PM: The DJIA has overlap now and has lost the Supercycle channel line.
Things are impulsing decently down on a small scale the last few days. Going to need more of a pattern to complete a larger impulse structure.
They bought the gap for now. 
And bought the channel line test
On the other hand, e-minis has made a wedge and still have positive divergence on the MACD signal line.

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