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It may be that the wave labeled -2- , could be the 2. Either case, it's clearly a choppy, corrective move over a holiday, and risk of it's being followed by a 3 down is HIGH.
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- Guy W Bishop
- I have been applying Elliott Wave Theory to energy markets as a broker and as a trader for commercial entities since 1983. This blog is merely my personal musings on various wave structure's and NOT any kind of trading recommendation or suggestion.
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