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Joined August 2009
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A few ideas on possible form for #ES_F.
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I suppose the drop today could be a lower degree fourth, say IV and allow for another high before starting a larger correction
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A candidate for a lower high in CL. Better when under 100.88 and can identify a five-wave sequence down on a lower time frame.
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Can I be wrong? Of course I can. I thought we wouldn't see over 100 before the 40's but the major premise remains. I think a major high in CL is being set.
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This probably boosts the equity indices at least short-term. Yes, I think very bad things are ahead of us but are they happening NOW? I'm much less certain.
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NEW Article: "Treasury Bonds Elliott Wave Analysis: Poised For Rally" --> seeitmarket.com/treasury-bon… by @TradingOnMark $SPY $TLT
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