S&P 500 Index (SP500): Jeffrey Saut: The call for this week...

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Re: DiscoverGold post# 2864

Monday, 01/25/2016 12:02:34 PM

Monday, January 25, 2016 12:02:34 PM

Jeffrey Saut: The call for this week

* January 25, 2016

Saved by the bell

As well, last Wednesday was session 15 in the envisioned “selling stampede” that tends to last 17 – 25 sessions before exhausting itself, which was close enough for government work. Still, so far we have only experienced a two-session “throwback rally.” As stated, such stampedes are only interrupted by one- to three-session pauses/rally attempts, making today extremely important, yet it certainly feels like this rally could last for a while with the SPX’s first target 1940 – 1950.

http://www.raymondjames.com/inv_strat.htm

• George.

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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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