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S&P 500
5,459.10
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1.11%
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US TECH 100
18,514.00
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1.00%
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Dow Jones
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chevdawg18

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chevdawg18

Re: None

Friday, 02/06/2015 2:30:20 PM

Friday, February 06, 2015 2:30:20 PM

Post# of 39916
The daily chart here continues to setup like a champ. This one follows the chart very well and it consolidates about as good as i have seen in my trading career.

Technically, it would prob be best to consolidate another 1-2 weeks around the .10 level, especially if the bolli bands tighten up further. Then start the uptrend and breakout around .13 running to .25-.35 IMO.

And as i stated before, if true updates come out on this move, then a higher valuation can be sustained, but technically speaking you could not ask for a better setup during consolidation on the daily chart.
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