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Friday, January 8, 2016

Elliott Wave Update 8 January 2016

Right shoulder has been formed.
Global Dow has led the way. Lowest close since mid 2013.
The pivot low (red horizontal support line) is a very important price marker for the Wilshire wave chart. Take note of the solid close under the black channel line.
Gold
Oil crushed. Beneath the 2009 low.
Commodities.
INDU





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