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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

0.0%

Nov 12 4:00 PM EST

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To: GROUND ZERO™ who wrote (16257)	6/7/1999 7:37:00 AM
From: Chip McVickar	Read Replies (2) of 99985

Okay, I've got it! 'Lindahl Wiggle' on the Nas ·May 26th was a reversal day, off a new cycle low with a higher high at close ·2nd day was completed as required ·3rd day was completed 'except' the low of 2nd day was not taken out ·4th day is a non event ·5th day completed 3rd days requirement and took out 2nd day low ·6th day non event ·7th day completed the 5th ie... the 3rd days requirement of producing a higher high then the 2nd day. Giving an 85% expected confirmation of a strong Reversal. Is there any target percentage move connected? This correct? Chip iqc.com

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