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Saturday, January 10, 2015

Saturday, 1/10/15 update

As usual, there is a bull and a bear alternate at this juncture.  The selling that occurred from the end of December into last Tuesday looks much more like a 5 wave impulse as in the bear alternate rather than a zig-zag as in the bull.  For that reason the bear alternate has to be given the edge.

Bear alternate

Bull alternate

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