Monday, March 7, 2011

End of wave 3

The somewhat unusual expanding triangle seems like the correct count. This puts us in wave v of 3, which has to stay below 1.4093 for wave iii of 3 not to be the shortest. This wave v of 3 could have one more push higher in it. Wave 4 could be fast and sharp, expect support around the former wave iv low.

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