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Saturday, July 19, 2014

Saturday, 7/19/14 update

Current short term EW count on ES:

This count has the Intermediate W3 top yet to occur.  An alternative possibility is that the Inter W3 top is already in place at the highs of Jul 3 and Inter W4 has been working it's way out since then.  Either way it's likely that there is more corrective activity yet to unwind before the Inter W5 rally kicks off.
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