Wedges

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The Composite had a series of Wedges inside a Larger Wedge. Looking at the 60 minute Time Frame The Composite closed right at the previous wave i & ii area which means it has not broken the 60 minute sub-wave count,unlike the DOW and the S&P. It will break the wave if it continues to the bottom of the Larger Wedge Bottom. I'll comment more if this happens.