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SPX - We still have a wedge that has formed. These usually break down, so with the SPX at the 50sma and a wedge, I would think that we may pull back for a few days.
That could be a 1/2 cycle low and it is not uncommon...
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SPX 1 of 3 - After the pause that we expected under the 50sma, the equity markets actually look ready to break higher already, so
I want to show you these 2 charts ...
Read More Monday s market action did not change the expectations mentioned in the weekend Big Picture Review, but the trading has been very good and most of the recent buy opportunities continue to play out. Lets do a Tuesday review...
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QQQ - We expected this pause and...
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