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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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To: pedro_deleon who wrote (472)2/16/2019 11:59:25 AM
From: scoot1212   of 1782
 
Very interesting you see it with a different model on a different time frame, Pedro. The thing about patterns is if they break from the pattern, you know it, and know to change your position. :) I would expect to see sideways action from here for a couple months. Whether that is forming a rounded top or not, is yet to be seen. But that is during a positive period for stocks. When the "sell in may and go away" period comes, it may be increasingly weak. BTW, 2800 is a huge overhead barrier. Just a few random thoughts.
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