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Friday, December 18, 2015

Elliott Wave Update ~ 18 December 2015

Got to Agree with EWI's take that an ending diagonal pattern is occurring in gold.
These rates just don't seem to want to go the way the Fed has deemed them to go. If the Fed backs off on pulling liquidity (and thereby trying to raise the target Fed fund rate), the rate hike will be short-lived and they will be forced to to cut again!  

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