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Bearish Swings - Patterns:
Flat Formation in Cycle Wave (IV) (green)
Primary A (red) - Simple ABC Swing
Primary B (red) - Complex Triple Three
Primary C (red) - Bearish Extension
Bullish Swings - Patterns:
Leading Diagonal in Primary 1 (pink)
We have broken support and have been creating a bear flag for the past few days. We are likely to continue to drop to support.
Economy is debt driven but still decent. I don't see a crash; however, I do see a correction.
We should bounce off support with the help of the FED by dropping interest rates and in an extreme case, perform QE4.
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* Related ideas show how I was able to call the BIG drops in 2018.
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