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Sunday, November 15, 2015

Sunday, 11/15/15 update

Market ended the day pretty "oversold" on Friday, but IF the below short term count is correct it still has a bit to run before a short term bottom:



The bigger question still remains, and that is whether this is just a correction in a new bull trend from the August lows as in the 1st chart below, or if it is a resumption of last summer's bear market as in the 2nd chart:


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