Reversion to the Unified Mean Market Report
US Equities Analysis for Index Exchange Traded Funds
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Monday, August 4, 2014
Market Dashboard - waiting for reversal signal
Today's rebound was in line with expectations from an Elliot Wave perspective. However I have not observed any reversals in RUM wave signals. This suggests that today's move was likely a "B" wave to be followed by another "C" leg down.
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