November 21, 2008 by Scott
As shown in 11-11-2008 post, wave 5 (of 3) unfolding nicely. The chart shown here is identical to the previous post, except that the market has unfolded per the probable wave count. The 2002 low of 767.25 is now breached. Expecting wave v (of 3) to terminate in the range of 650-700, after which we should expect a wave 4 bounce (of one higher degree than wave v). Click here to see chart.
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