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Rabu, 19 Desember 2012

S&P500 H1 & H4 Update

Bearish count on S&P500 has been invalidated so the correction is not over just yet.
As far as I can count the most suitable labeling is presented below. In Elliott terminology it is called Mixed Uprising Three Complex Correction ( labeling is different on pic but the same idea).

The target for this last wave Z is  somewhere 1448 - 1450 area.


Seb



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