Technical Analysis of the financial markets using Elliott Wave, Gann, Fibonacci, cycles and momentum indicators.
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The odds have risen that the pattern from the August 9 high is a complete 'a-b-c' zigzag. If so I would count it as the larger degree 'd' wave in a contracting triangle that began from the May 25 low. The implication is that we are now in the final leg, wave 'e', of that triangle.
