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Strategies & Market Trends : Point and Figure Charting

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To: AdvocatusDiaboli who wrote (32774)1/31/2020 10:20:47 PM
From: POKERSAM1 Recommendation

Recommended By
Ms. Baby Boomer

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No question this bull market has a long way to go. First however it needs to finish this correction.
I set preliminary target at 150 to 200 off the high at the top. This would put the target between 3137 and 3187.
Elliott Wave puts the likely target between 3100 and 3150.
3100 actually has the highest odds of being correct.
The wave structure of this wave C wave of the ABC should give a more definite target as it unfolds.
This C wave can be a five wave impulse or an ending diagonal.
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