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crosswinds

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crosswinds

Re: None

Friday, 11/30/2012 8:52:58 AM

Friday, November 30, 2012 8:52:58 AM

Post# of 34760
Using Speed Resistance Lines Tool (SRLT)on Daily
The SLRT is put on twice here, the second time one line down from the top line. It uploads a bit messy, but that's life. Anyway, the second application puts in a bottom line that was hit exactly as the November bottom. The middle (3rd) line should be resistance, although the market may not rise to it. Let's see if the market now turns after hitting 1424 maybe and falls back through the lower SRLT lines.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=7&dy=0&id=p55543672005&listNum=42&a=284564028
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