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Old 05-08-2008, 09:53 AM
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I believed market already in bearish corrective trend at the moment. Expecting to complete the corrective sequences a b c for the bullish truncated trend 1 2 3 4 5 in previous month (yellow). A true breakout to the bearish continuation line 2 & 3 would bolster this scenario. Please study all possible counts and wait for a bearish continuation signal later from BSTS. Good luck.
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