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Friday, June 21, 2013

Elliott Wave Update ~ 21 June 2013

Squiggle count has (i) of [iii] low today. Could be a bigger bounce next week forming subwave (ii).
SPX Weekly:
Our 6 month yield may have bottomed in a multi-month wave (2). I'm looking for a move up in short term yields and a breaking over of resistance. I realy like this chart and wave count.  A spike in short term rates I would imagine catches everyone off guard.
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