Airedale, I am getting the same pattern that I had on June 13, 2006, that indicates tomorrow (Wednesday) will be the low on a closing basis, however I expect the major averages to go to a slightly lower low than they saw on March 5th, while my Momentum indicators will go to a higher low, giving me a Bullish RISING BOTTOMS pattern.
It is possible that the major averages could have a lower low early Thursday, but they should rally intra-day, as they did on June 14, 2006.
Jim
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