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Strategies & Market Trends : Harmonic Trading with The Phoenix
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To: the-phoenix who wrote (101)11/26/2002 3:08:39 PM
From: the-phoenix  Read Replies (1) of 941
 
Decided to exit my swing short here on SPX at 915.50 (Futures) at the 50% retracement and retest of the "B" high mentioned yesterday. NDX/COMPX look to be completing five-wave declines off yesterday morning's highs that are rough Three Drives patterns completing at the .382 retracement of the CD legs in those indexes. This should lead to a bounce soon. The indexes all have decent support at these levels.

I may look to reshort at the end of the week if we get a last-gasp rally later in the week.
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