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Tuesday, 08/31/2010 2:12:05 PM

Tuesday, August 31, 2010 2:12:05 PM

Post# of 51804
More Rally To Come in INDU, SPX, NDX

It looks like early Friday August 27 a multiday motive wave ended. Since then the market rallied in wave a. wave b ended this morning. wave c continues to rally this afternoon and possibly into tomorrow. I would like to see a more time correcting and more retracement before giving another multiday sell signal.

The RUT and TRAN do not showing the clear ewaves the other markets are showing.

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