DIFFERENT

For quite some time I have been pointing out things to take note of that are a little different than many others saw things. I think others are starting to see what we were pointing out here months ago. I was mentioning  a bearish rising wedge pattern in the spring, and in June I looked at the SPX this way.

SPX WKLY 6-17 

JULY 24, the SPX had not broken out from that toppy looking curve.

SPX WKLY 7-24

Would the BULL MARKET break higher soon?

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POPS

Quick thoughts...

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Stretched

When dealing with Cycles, there are times that they are getting s-t-r-e-t-c-h-e-d, and other times when the count has simply started over.  Right now in the Precious Metals markets we are facing that situation, so lets discus that further after we review some other areas of the markets.

 SPX - more sideways action. Yesterdays rally attempt sold off

    SPX 8-5

Lets look at the NASDAQ...

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