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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Tom Byron who wrote (11688)7/28/2001 1:19:05 PM
From: Tom Byron  Read Replies (1) of 81234
 
and re: the spx weekly with technical indicators

the slow stochastics on this week's chart have move up MORE than i expect and i am happy to see that. this current wave up is wave #6 and there are two more weeks TIMEWISE to the end of the current 19 weeks cycle up. the 89 ema (expotential moving average) which can faintly be seen on the bar chart is the areas i would prefer, hope, wish that the spx price does not CLOSE over on a friday's close....but will see.

so a further move up on the stochastics indicator is expected while keep an eye on the longer term 5 year chart to confirm that the ris technical indicator does not break the line down from mid-1998 to now that can be drawn on the 5 years chart....( i have previously pointed this out before on several occasions.

here the 2 years spx chart:

bigcharts.com

all of this: for what it may be worth (guree tom:s disclaimer).......:)
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