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Tuesday, April 22, 2014

Elliott Wave Update ~ 22 April 2014

Nothing much has changed. The call is an extended Minute [v] of 5 or a more muted [v] of 5.

Extended "classic" shown the SPX weekly:
 A more humdrum "muted" Minute [v] of 5 shown on the Wilshire5000 2 hour chart:
 Using the SPX weekly above, if the green channel breaks down, then likely the rally is over.  Or even if (ii) of [v] pivot is broken under. 
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