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| SPX 01-30 |
Wednesday, January 30, 2013
Charts 01/30: Channel break
The decline today broke the channel wall on the c of 3 wave on the chart. Ideally, we can cross the larger channel / expanding wedge over the next 7 days. A zig-zag would be great here, and probably draw in enough early shorts to provide fuel for the last run to the top.
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1 comment:
With this mad push today (yesterday, for me) I would say this bull 'll run for the headshot till the middle of the next week.
SP ~ 1560, maybe. With a nice gap for the last day.
We will se. I do more like your version, actually.
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