Quick post over lunch, with the lovely Yahoo! chart graphics dropped into MS Paint.
Is this count correct? Are we very very near the end of this mess?
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SPX charts, technical analysis, and chit-chat on the future. A continuing search for the "C down" wave complement to the 2008 crash cycle.
1 comment:
I really can't stand these damn bearish wedges.
The bears keep re-drawing them as the uptrend continues.
Hell, I know I've done it myself so many times.
Complete waste of time.
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Primary price trend is UP.
Transports/Rus'2000 indexes massively higher - again today.
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Even a pullback to the low sp'1420s does nothing to damage the primary trend.
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Bears had their chance to break the market lower...they FAILED.
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