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Friday, November 20, 2015

Elliott Wave Update ~ 20 November 2015

Still going with the view that the market is tracing out a tremendous topping pattern for all-time's sake. The view is that the market is forming a long-winded right shoulder pattern of a head and shoulders topping process.

Looking at when the neckline started forming was in October of 2013!  The right shoulder could take quite a while (many months?) to completely form also. So we'll just keep plugging away.

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