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Monday, January 27, 2014

dow 1hr. update

click to enlarge
The Dow has gone from correcting the small sub wave to the Larger one. (Fuchsia color). I,m expecting a rebound and another test lower into the larger wave structure (fuchsia).If we get a H&S pattern, the pattern would imply a drop to 15,100 area. A simple abc would probably turn at 50% ,maybe 61.8% Fib Area.

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