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S&P

13 Nov 2014 ‚óŹ 04:26 AM

Yesterday I showed that S&P is in wave 5 open up to the upper channel. The short term daily chart now counts as a complete 5 waves unless prices cross the recent highs. A fall in prices could quickly push momentum indicators to the sell side because the index has been losing momentum and has a series of doji patterns.

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