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sJudge
Aug 17, 2018 1:04 AM

Down after 5 waves up Short

S&P 500 index of US listed sharesFXCM

Description

We are at the top of a right shoulder after 5 waves up. Tendency is to the down side.

Comment

Broke right shoulder tendency to make another higher high but now primed for downward move. DI+ and DI- are with eachother. Won't take as much of a down move now to get it moving. As always, the disclaimer is that the news can change things.
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