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Friday, September 28, 2012

$AMRN: EW count and forecast. Wave 2 from a bigger wave down is in play.


We have post earlier that the target for wave 4 was done so, a wave 5,down, is in play. We don't know in which sub waves we are now but a first wave 1,down, is in place and a wave 2,up, is in play. The maximum move up for this wave 2 is the dotted line, because first EW rule.

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