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Wednesday, November 16, 2016 7:35:25 AM
NYA chart, RUT,BKX made new all time highs and leaves NYA as the only significant index I'm aware of to exceed the 2015 highs and complete a happy family. I have this chart timeline set to Dec 5 (my other charts have been pointing to Nov 22 as of yesterday) and a double top with the 2015 high (1 point higher) It has quite a way to go and it doesn't seem probable to do it sooner. If NYA were to fail to make the new high, it could be considered a more bullish pattern for the overall market as it would suggest we would need to come back for that.
if it looks right it is right
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