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Thursday, August 27, 2009

Squiggles




I have both the NASDAQ and SPX squiggles labeled as a Minuette (i) of [v] of C of (Z) of [2] top. The last wave v looks like it extended which would account for the overlapping waves in its structure.

A retrace wave (ii) that hits support should be the launching point for a bullish wave (iii) up.

Anyways, thats the count. Now lets see if the market cooperates.
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