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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
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Brent Oil
81.97
(
0.00%
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Bitcoin
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-0.50%
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techcharter

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techcharter

Re: techcharter post# 48342

Thursday, 08/27/2015 5:47:53 PM

Thursday, August 27, 2015 5:47:53 PM

Post# of 51788
NOW the SPX futures look like a flat.

Wave A: from Monday's lows to Monday's highs = zigzag
Wave B: Monday's highs to Tuesday's low = zigzag
Wave C: Tuesday's lows to Thursday's close high = motive

Friday should trade lower since a change in direction follows the completion of a motive wave. Look for a waterfall of waves 1-2 of several degrees.

http://www.barchart.com/interactive_charts/futures/ESU5
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