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Thursday, July 9, 2020

Elliott Wave Intraday 9 July 2020

Still hasn't hit the target range.
Remember, wave ones of all degrees have been the big waves since the March low. Things should get compressed.
Divergence at the moment. The 100's all-session made a higher high
Compression setting in with the 3rd wave perhaps. Maybe it just goes sideways rest of the session for wave (iv). Prices shouldn't touch (i) of [v] or its bearish.
Internals are absolutely horrible on the NASDAQ though.
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