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Tuesday, May 26, 2015

Elliott Wave Update ~ 26 May 2015

Wave 5 seems to short in time compared to wave 1 and 3 of the proposed ending diagonal.  So we'll assume that wave [b] pullback occurred today. Therefore wave [c] of 5 would take the markets to again new highs.

Squiggle count of the final wave:
Technically though things are damaged.
Channel lines.

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