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Let's see whether mini wave v of sub-wave 5 will end at say 2910. The next pull back is either the starting of the major wave C (if it goes below 2616) or sub-wave 6 (if it can hold above 2700). Whatever is the outcome for Nasdaq, it will be the same for DJIA.
I prefer to look at Nasdaq chart because at this moment it provides a clearer wave form than Dow or S&P.
Another good article by Ir. Koon Yew Yin
click Malaysia's Brain Drain
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