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Saturday, June 20, 2015

Saturday, 6/20/15 update

The chop continues in the ES/SPX aaaargh!!  There is no clean Elliott pattern in the ES since the highs in May.  Five legs can be discerned in the move down from those highs into this weeks low, but they overlap, so the pattern is either a triple zig-zag or some type of leading diagonal:



They fit into the intermediate term counts as below:




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