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Monday, May 11, 2020

Elliott Wave Update ~ 11 May 2020

The peak was within a few points of wave (c) = (a). The peak of (2) still holds on the Wilshire5000 (for now),
Possible squiggle count.
Another squiggle count. Best guess is that wave (iii) of [c] of Z has peaked.
And here is both counts combined on the same chart. That pink trendline looks interesting. Also note the blue virgin space box. This ideally will not be violated by prices if the market is making waves (iv) and (v).

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