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Monday, July 18, 2016

Elliott Wave Update 18 July 2016

The only odd thing I can say about the Wilshire is that, as reported by Elliott Wave International, the Daily Sentiment Index (trade-futures.com) hit a very bullish 87% last Thursday.  Yet the Wilshire has not yet taken out its previous all-time high. Mind you it probably will because the wave subdivisions suggest that prices will eventually go higher but it is nonetheless a curious thing.

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