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jakemem

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jakemem

Re: Footquarters post# 1555

Tuesday, 07/19/2011 11:11:30 AM

Tuesday, July 19, 2011 11:11:30 AM

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FOOT

For this chart - I'm going with "simpler is better". I've added a line at the 600 level to show how many bars of ADV or DEC stay below it when the other side is busting through 2250 and better. This seems to give an additional decent hint as to when a possible reversal is in the works.

Hey, and the "Full Moon voo doo" is looking like it might be within one day of calling the low - if that is in fact the low of that move.


http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=2&dy=0&id=p22372985658&a=239611650

http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=3&dy=20&id=p29222263987&a=238174629
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