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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,586.86
(
-1.23%
)
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techcharter

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techcharter

Re: lexus300 post# 36578

Monday, 12/08/2008 6:22:09 PM

Monday, December 08, 2008 6:22:09 PM

Post# of 51808
Symmetric Triangles Across the Globe

German DAX, London FTSE, and Japanese Nikkei.

There is a possibility the symmetrical triangles are b waves in a larger zigzag corrective wave. If the NIKK flirts with 9000 this evening the zigzag pattern plays out. the DAX is in a precarious position because a big move could happen either way at the open.

A zigzag correction would signal a wave 2 followed by a very strong wave 3.
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