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As I mentioned before if the pattern was going to run into trouble it would
likely first run into trouble on the 60min.
The hourly chart might be showing the first crack in the pattern? The PTI
has dropped below 34 (to 30) which normally indicates that on the downside
at best a double bottom will occur, or a failed 5th wave (higher low) or no
5th wave and the prior sequence labels ABC.
Things could be going your way Ralph? . . . will keep you posted on what the
charts are saying.
don ewers
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