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Friday, February 21, 2014

Elliott Wave Update ~ 21 February 2014

A review of where the best counts are both long term and short:

New all times highs but its a bullshit wave is the theory of the cycle-sized "b" wave.
Overlapping mess since the 2009 low.
Our Intermediate wave still looks correct.
Another new squeaker high today in the Wilshire, the preferred wave counting index.
An expanding pattern down from the all time high today looks bearish.

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