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The count looks pretty good as a five down and a wave ii or b retrace in progress. I say 1080 is a good target for this move down based on the MACD cross I have presented previously.
I guess we'll see what happens in the next week or two.
Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
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