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For the possibility of a Mega
(IV) formation, the current rebound will not go beyond 12,000.
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The next wave
(iii) down may go below 6,000
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For a more optimistic scenario as shown above, mega wave
(III) has not been completed yet.
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The rebound since March 2009 is a major wave b that can go as high as 13,000. The next down target will depend on how high
b can go and whether the mejor wave
6 is an expanding or a contracting
abc.
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