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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
81.97
(
0.00%
)
Bitcoin
69,003.01
(
-0.38%
)
Post# of 51788
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techcharter

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techcharter

Re: None

Sunday, 03/10/2013 10:11:37 AM

Sunday, March 10, 2013 10:11:37 AM

Post# of 51788
Near Pullback in Order

The SPX rally from February 25th lows looks like a nearly complete motive e-wave. Wave 5 is very choppy and could end at any time this week. Wave 5 is also hugging the lower trend channel, a sign of weakness. A 20 point pullback to the 1530 area represents a Fibonacci 33% pullback. Greater selloff is possible.


http://charts.barchart.com/chart.asp?sym=$INX&data=Z60&date=051406&den=HIGH&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=D&sky=Y&sly=N&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=BSTKIC&org=stk
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