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Wednesday, December 21, 2011

Elliott Wave Update ~ 21 December 2011

The plunging VIX is quite remarkable. My gut instinct is that it is pointing the way toward higher prices as per the primary count of wave (c) of [y] of Minor 2.

So we'll assume today may have been wave ii of (c) and the market is working on wave iii up of (c) of [y] of 2.
INDU count:
SPX daily:
TOP BEARISH COUNT:

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