Thursday, December 13, 2012

Charts 12-13

So far so good on this retrace.  The higher high -- 1500 by year-end? -- will come if we get a deal on the fiscal cliff over the weekend.

Republicans got nothin', and it doesn't matter anyway.  It will all be over when the $USD collapses in 2014.  Enjoy the circus.

SPX 12-13
20D
60D, showing the inverse H&S setup

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