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S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,637.80
(
0.67%
)
Post# of 648882
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sludgehound

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sludgehound

Re: Tuff-Stuff post# 569902

Sunday, 08/16/2015 12:26:47 PM

Sunday, August 16, 2015 12:26:47 PM

Post# of 648882
Another set of maybes

Geez all these two-sided outlooks. Perhaps this, but maybe that?!

First the analysis is a rolling top for Dow. Ok round tops always get my attention, but then there's a possible inverse h&s for SPY.

Unusual for these two to be out of synch this way. But then we have commodities imploding, China messing around, and FRED (St. Louis Fed money velocity) at all time low while wages flattish. Who knows what's ahead until somethings get resolved into deflation, recession, stagflation, or just plain inflation. Signals unclear to me for now, maybe by Oct.

http://stockchartscom.cmail1.com/t/ViewEmail/r/A2F1B22872944DE92540EF23F30FEDED/3C38BCA88B88E06A6A4D3D471B02C3D7

The greatest deception men suffer is from their own opinions.
~ Leonardo da Vinci

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