Zman Market Timing Message Board

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Strategies & Market Trends : Zman Market Timing

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From: zman69	6/1/2016 7:32:29 PM
	of 15903

The latest from e-wave "guru" Caldaro is a classic... LOL! "Today’s action was just enough to confirm uptrends in two of the four major indices. As a result we are now required to update the SPX count to display Major wave B still underway. The April SPX 2111 high becomes Int. A, the May SPX 2026 low Int. B, and an Int. C uptrend is underway. This also forces us to move the Long Term status to neutral. As a subdividing Major wave B suggests new highs are possible despite this entire advance being a bear market rally. We will provide an explanation and some details probably over the weekend."

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