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Re: blanka post# 50437

Friday, 01/15/2016 3:54:02 PM

Friday, January 15, 2016 3:54:02 PM

Post# of 458404
Actually, I think that would be further down the road. I was just doing the math. It shows the great potential here though, doesn't it.

I don't use TA much except for Linear Regression once in a while for an overview. If you look at a 6 month LR line you will see it laying right on top of the chart up until Christmas which is when some new negative posters started appearing and after which the next round of attacks started. Then the divergence. Otherwise, I think we would be at (least) around 8.35 (LR point) right now, if nature had been allowed to take it's course, which was the uptrend that had resumed after the previous attack.

Oil dipping below 30 causing a general selloff again isn't helping at the moment either.



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