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Thursday UPdate

Energy triggered a buy/long Alert today and needs a close above XLE 31.31 to confirm that Signal and join the rest of equities long. Precious metals are still looking to catch the bid.

The blue wave count continues on course. The blue count is looking for new all time highs before any meaningful pullback. The red and green counts are looking at 3508ish for resistance and the top of the b wave. If one of these two scenarios plays out, then we will see a lower low of some degree below 3209.

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Protected: Wednesday Update

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