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New analysis  – Says we are going down in one big 5th wave and 5 phases. We completed Phase#2 today and tomorrow we start phase#3 down. That agrees with tonight’s futures!

Phase#3 down should take at least two market weeks to complete and the Dow could go down another 1500 (BB low on the weekly chart) to 1700 points (24,000 on the daily chart) before phase#3 is done. Then we still have to process 1 more phase up (Phase#4) and finally Phase#5 down. Come join me, I know what is going to happen next!

Happy Trading, Robert Anderson (WaveGuy)

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