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Will_Wong
Aug 25, 2015 7:11 AM
DOWI-Ending Diagonal Completed and Impulsive 5-wave down started
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DJ:DJI
Dow Jones Industrial Average Index
DJ
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Aug 25, 2015 7:11 AM
The impulsive wave down can wipe out all the gains from the start of the ED which will take it to 9614. However, watch for the FED to suspend the interest rate hike indefinitely and then introduce QE4 well before the DOW reaches 9614.
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