There are usually as many Elliott Wave interpretations as there are analysts - so here is my take which I have as my main thought for now. The 2009 low was Primary Wave 1, this year's high was Primary Wave 2 and we have now started Primary Wave 3 down and have done Minor Wave 1 of Intermediate Wave 1 of Primary Wave 3 of Cycle Wave C. There - clear as mud. I should point out that this Wave Count marks 2000 as the high and 2003 as Cycle Wave A and the 2007 high as Cycle wave B.
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