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Thursday, September 4, 2014

Elliott Wave Update ~ 4 September 2014

Possible completed ending diagonal triangle? It'll take a solid move beneath 1990 SPX to confirm. But for now we have a viable alt count. So far though, the swift decline from today's peak is good evidence that it was an ending diagonal triangle. But again, we need solid follow through of declining prices tomorrow to confirm.
Almost reached our 2014 price target.
Weekly RSI looks kinda weak.  

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