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Friday, September 18, 2015

Elliott Wave Update ~ 18 September 2015

The top wave counts suggests a lower low is coming. It would be terribly disappointing if that did not occur.

Interesting channel. Those down-sloping lines are perfectly parallel.

And did we have an ending diagonal triangle wedge for a corrective wave over the past 3 weeks? If so, expect prices to drop quickly back to beneath 1900 SPX.

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