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Wednesday, August 29, 2018

Elliott Wave Update ~ 29 August 2018

I have no strong opinion on the short term wave count. We have been predicting a new all-time high and it has occurred. Just keep labeling them as they come. It does appear overall to be a final push but how long that lasts is a guess. November elections?  Just after Labor Day instead when volume comes back?
Touching overbought territory again on weekly. If we get a surge to the upper trendline its might be a blowoff top.

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