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Thursday, May 14, 2009

Morning Update Thursday

The formation of Wave B appears to be on track with a 5-3-5 wave. I'm expecting something similar to the path I've drawn in. The M60 shows resistance from the Kumo right here which fit's with the wave b of B sideways action.

Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.

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