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techcharter

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techcharter

Re: None

Wednesday, 11/16/2011 3:15:49 PM

Wednesday, November 16, 2011 3:15:49 PM

Post# of 51804
Large MultiDAy Triangles

Or they could be a bunch of waves 1-2 of several degrees. The sell offs look motive instead of corrective. Either way, the indexes will break out of their wedge price pattern since the price is very much near the tip of the converging channel lines. Buy calls AND puts to catch the sharp move.

http://stockcharts.com/h-sc/ui?s=$NDX&p=D&yr=0&mn=6&dy=0&id=p92266287822

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p37828286621

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p75635173805
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