HYATT equities retraced to the bound of a rising trend they broke through earlier, which serves as the key support level. Stock market waves show that a big diamond formation that has been shaping up since June 2014 is a classic complex fourth traveling wave. It was preceded by an extended third wave. In this situation large-scale drift is likely to occur toward USD 65, the dimensions being that of the first wave. Trading is demonstratively speeding up inside this pattern. This drift is expected to occur in the middle of December 2014.
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