It looks like I had the wave structure from
1567.97 completely wrong. I still think that is the end point of Wave 4 from
1538.57, and that that point will hold this decline. It is now most likely that
the market completed Wave 1 of 5 from 1538.57 at 1597.35. The market has now
completed a 5 Wave sequence from that point at 1579.97. That could very well be
Wave 2 of 5. I am still looking for around 1605 and then 1621.
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