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    Posted December 9, 2011 by
    ronjaenisch
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    Market reverses as forecast

    By ronjaenisch  |  Posted December 9, 2011  
     
    Yesterday the forecast was for prices to go down to make a pivot 2 in the wave count. This morning prior to the opening one could see that prices made it down to the ORE line, in the area where a 2 was anticipated. Also in that area is a NN rule, which is known to occur at the end of correction.

    At the market open, one could see that prices had zoomed the median line and had made a temporary pull back.........which precedes the move up.

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