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S&P 500
5,267.84
(
-0.74%
)
US TECH 100
18,152.00
(
-0.42%
)
Dow Jones
39,065.26
(
-1.53%
)
Brent Oil
81.20
(
-0.14%
)
Bitcoin
67,714.63
(
-0.31%
)
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dapro

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Alias Born 08/02/2006

dapro

Re: None

Sunday, 05/24/2009 12:57:30 PM

Sunday, May 24, 2009 12:57:30 PM

Post# of 541
S&P certainly looks like an inverse head and shoulders setup where the left shoulder is the Nov 08 low, the head is the March low and the right shoulder is being formed right now. Should be around 740 to 760 area. I expect this to conclude around the end of June, which coincides with McClellan's call for a significant low to happen around/by end of June.
The other indices are pretty much looking the same. JMHO
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