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Strategies & Market Trends : Longer-Term Market Trends
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To: Perspective who wrote (1579)8/6/2008 11:42:24 AM
From: Galirayo   of 3209
 
That is the way I've been counting it as well .. but I also drew a Horizontal Line that cut the Candle shadow out of "a" and just uses the Closing Price .. and it looks like a Barrier Triangle as well ..

That count at completion places it a 5th wave down. IMO

stockcharts.com
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