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Monday, March 22, 2010

FTSE 100 and DAX - Wave [B] is done




Wave [B] peaked a couple of days late in regards to the ideal time on March the 16 and both indicies peaked a little higher, than the ideal top, but as said last week. The form was right and it would just be a matter of when and not if.

The bigger picture is now calling for wave [C], which will have a target below the bottom of wave [A].

Because of the speed and the very small corrections be aware, that the coming decline in wave [C] will be very violent too.

Remember Newtons 3. law about "Action = Reaction"

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