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Friday, October 12, 2012

Elliott Wave Update ~ 12 October 2012

If the market has topped, and is impulsing lower, our wave squiggle options:
Wilshire hourly:
Remember, if this is a bearish wedge (primary count), then prices will turn down decisively.  So far that has been the case since the recent 1470 high. Of course the wedge ultimate hard target low is sub 1000 SPX.

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