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Bearish Bat

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Butterfly

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It looks like the bear market is over

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Once wave (V) ends, there might be a strong move upwards

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It seems that a diagonal triangle is being shaped in the short term. If this hypothesis is right, there might be a sharp volatiliy rise (a drop in SVXY etf) And that would end an Irregular flat correction that has been taking shape since july 2014. Time will tell....