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Wednesday, March 25, 2015

Elliott Wave Update ~ 25 March 2015

The upper wedgeline has at least 7 touchpoints. The lower now has at least 4.  The entire affair is a overlapping mess within. That makes it a likely valid pattern - and a potentially deadly bearish one at that.

Its not important at this moment to try and dial in an exact EW count.
However, we do have some valid counts out there. One possibility:

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