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Saturday, February 28, 2015

Saturday, 2/28/15 update

Very quiet ES this week with an 18 point trading range.  An old adage is never short a quiet market, which adage should apply here as the EW count (if correct) suggests a 5th wave pop to new ATH's should occur in the near future.  Bears will only need a little patience here, because the current long term count show that potential 5th wave top to be the culmination of the bull run that started in October,  2011.

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