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Wednesday, February 3, 2010

DJI - Black circle wave 2 most likely finished



My favorit count shows that black circle wave 2 most likely finished with the test of 10,314.84, that was was just a bit above the 38.2% correction target at 10,312.07.

A break below 10,233 and more importantly 10,173 would confirm the next move lower has begun.

I will be looking for a move to at least 9,224 in black circle wave 3.

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