Thursday, July 22, 2010

Elliott Wave Live: Pre Market July 22, 2010

Last night I provided an alternate count for the Market. Should the operative count fail, the alternate becomes our road map. Having both prepares us for any development in the near term. In the overnight session, wave i of wave (iii) ended in a truncated 5th wave. Early action suggests that wave ii is unfolding.

Best of Trading!

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