This impulsive move has the following implications:
We have to expect either one more up leg (similar in size) or a larger
5 - wave move.
We have the confirmation that the pullback off the October peak has been
a corrective 3-wave down leg therefore we have the guarantee that the move
off the October 4 low is not over yet.
And given the corrective price structure that price is atm obeying I add a
large Triangle wave (B) option that would probably need the entire 2012 to
develop.
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