Wednesday, January 18, 2012

Wednesday 1/18/12 Market Update

With no change to the count from yesterday's update, there is little to add. Wave [v] still appears to be an ending diagonal underway. Wave (iii) should be in its late stages or complete.

The uptrend continues since the December low. This should terminate soon after [v] completes.

The count remains unchanged. The options on this scale were presented in Friday's update.

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