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Wednesday, November 4, 2015

Elliott Wave Update ~ 4 November 2015

Room for one more push in this count but it doesn't have to be. Short term support - price peak of proposed wave (iii) of [c] - is an important marker short term.  Equivalent key price support area on the SPX would be 2079.
Still in our target box for wave 2. 
Double underside channel resistance. Lets see if resistance holds. Like was said last week, if the market can get above this resistance and hold, heck, it deserves new all-time highs.

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