AI
Sunday, February 21, 2010 5:44:48 PM
Chart:
Observations: SPX 950ish may be too low a target for a July 80-week low. SPX 1200 is looking more and more realistic for the 80-week cycle peak. Notice the rare upturn in the 70-week moving average. This market is very different from the one in 2001/2002 and much more similar to the market of 2003/2004--so far.
Observations: SPX 950ish may be too low a target for a July 80-week low. SPX 1200 is looking more and more realistic for the 80-week cycle peak. Notice the rare upturn in the 70-week moving average. This market is very different from the one in 2001/2002 and much more similar to the market of 2003/2004--so far.
Know the PRESENT market configuration so well it *appears* you know the FUTURE 70+ percent of the time.
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