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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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From: Woody10/5/2017 11:32:35 AM
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SPX, the dried bones are hinting that we could get a rest after this Friday and a weekly chart seems to agree. We should close the 2 gaps underneath the last one being at 2519 and a 50 % retrace from the 09/25 low to today’s high so far is at 2516 so a good chance we see that level. Several things are coming together the week of 11/13 so we could trend up into that date but that is also a potential area of trend change so we’ll see .. fwiw.


Woody
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