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Monday, April 18, 2016

Elliott Wave Update 18 April 2016

The market is showing a negative divergence. Although the S&P500 and DJIA is within 2% of its all-time high, the Wilshire 5000 is not. The call here is that the S&P and DJIA will probably make new all-time highs but that the Wilshire will fall short. When the last wave [v] squiggles trace out, that will be the time to probably go short.

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