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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (117668)4/26/2005 10:12:44 PM
From: Henry J Costanzo   of 209892
 
<<Well for non-tech the simplest and most obvious count here is that the XMI is in a (4) up. >>

Using SPX for non-tech, I'd say we've been in a 4 up.....BUT..a (iv) up of 3 down from the high..

I suspect that move has now been completed, and (v) down of 3 down has now been launched .

THEN we should have a 4 up (corresponding to the 7 day 2 of late March/early April you mentioned).......and finally 5 down to reach 1060/1090..

(As you may have suspected, no change from chart I posted Sunday........g)
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