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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X12/8/2005 9:35:31 PM
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TRACKING THE BREADLEY

stockcharts.com[g,a]dacayyay[db][pd70,1!d70,2][vc60][iUb14!La12,26,9!Lc20][J59493305,Y]&pref=G

My focus for the next week will be around the bradley calandar and the posibilitys that go along with it in the next few days.

The bradley is due to have a major turn date on December 16 which is next Friday.

It appears to me that we are in a decline with the trendline break and the Bearish MACD crossing noted on the chart.

So what is highly likely is that we decline to the 50% fibinocci levels that are marked on the chart in the 10500 area.

If this happens, and you can bet Ill be watching and writing about it all next week ,it should set up a tremendous buying opportunity for the next run which would count as a wave three of a major degree.
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