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Re : Nasdaq
Appears I was wrong. The fall did break levels that shoud not have been
broken. However, if you use an average chart for a daily single point
data,
then the level was certainly not broken taking into consideration the
500
point rally after yesterday's bottom. The wave-c certainly looks
complete
with a 5th wave extension. When the 5th wave extends in a 5-wave
sequence,
the retracement after the completion of the extended 5th wave is rapid
and
violent.
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