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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,606.55
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-1.19%
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techcharter

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techcharter

Re: techcharter post# 36601

Thursday, 12/11/2008 10:23:44 PM

Thursday, December 11, 2008 10:23:44 PM

Post# of 51808
US Markets FLAT

There had been no violation of the overall count of the flat whic started in late October 2008. The change in count at the smaller degrees is debatable.

Did an ending diagonal wave 4 have a triangle followed by a truncated wave 5, or is the afternoon selloff part of ending diagonal eave 4 zigzag. The fact the SPX futures are down 14 points overnight does not eliminate one count or another; however, it starts to favor a triangle followed by a truncated wave 5.
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