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Wednesday, November 18, 2015

Elliott Wave Update ~ 18 November 2015

Wilshire potential "base" channel of enormous proportions is in place. We'll see I guess. I expect another deep retrace up to get everyone quite excited again. If it breaks above the base channel, I would expect new all-time highs to be challenged if not taken out.
Global Dow weekly would look better if there was a push higher than wave [a] of 2 to form a proper three wave upward correction seen on a weekly scale.
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