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Monday, August 15, 2016

Elliott Wave Update 15 August 2016

Mapping the 5 wave move up. The circles indicate the middle third of each Minute wave up.  Today's was the strongest for the last several weeks which implies it was the middle third of wave [v].

Also wave proposed wave [iii] is shorter than wave [i] which means by EW rule, wave [v] must be shorter than [iii] as wave [iii] cannot be the shortest wave in a 5 wave structure.
Pretty gappy:
Global Dow.

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