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1. ShepWave Update Published. Stock Market Technical Analysis. Elliott Wave Theory. 9/10/2006 3:43:57 AM Is the bearish action in the indexes this past week enough to send us in to full bear mode. The S&P 500 index went higher than the previous week, and went lower.. but did not close lower than the previous week.. So, technically speaking that is NOT an 'outside down' week.&nbs...
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