Thursday, December 1, 2011

Thursday 12/1/11 Market Update

Wave (Y) of [B] of x should be underway as stated in yesterday's update. A very clear impulse wave higher should be underway but winding down since Friday. The October rally still looks corrective as wave (Y) of [B] for perhaps a downward flat underway since May 2011. A double zigzag underway since March 2009 seems most probable.

There will be more charts this weekend describing the count in full detail.

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