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A Microscopic Look at the Elliott Wave and the S&P 500

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#21 CLK

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Posted 20 September 2017 - 08:23 AM

To me, there is a clear 5 wave pattern off the 09 lows, so this is either wave 5 of 1 of primary wave 3 or a terminal 5th wave 

off the 1982 lows. Either way, we either correct to 17,000 or 10,000 for wave 2. I count the 87 top as 5 of 1 and then the 

crash to the middle of wave 4.

 


Edited by CLK, 20 September 2017 - 08:24 AM.


#22 blustar

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Posted 20 September 2017 - 09:53 AM

The wave off the 2016 lows is not a 5 wave sequence



#23 CLK

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Posted 25 September 2017 - 10:04 AM

I don't think it has to be a clean 5 waves to top. They probably don't want to make it that easy to spot.



#24 fib_1618

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Posted 27 September 2017 - 03:07 PM

They probably don't want to make it that easy to spot.

 

"They" have no power in this area...whoever "they" are.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

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