[11:00 AM PST Update]
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[6:45 AM Update]
It looks like the 7/8/09 - 2/5/10 trendline may come into play if the market wants to sell off further. If it found support there, wave (c) will reach a 2.618 multiple to (a). Perhaps it will make it's way down via the channel.
As always we'll see.
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