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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X12/10/2005 12:24:51 AM
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FORKS MAY SHOW THE ROAD IN THE DAYS AHEAD

stockcharts.com[g,a]dacayyay[d19901209,20051209][pc65!f][vc60][iub14!ub14!la12,26,9][J60440753,Y]&listNum=24

As I have said a few times lately Dec. 16 will likely be a great investment opportunity and a turn in the market as predicted by the bradley calandar.

Knowing how to interpret the calandar will not be easy as we approach the final days. The market will likely do a head fake in the last days and try to confuse what should be an easy task.

We are expecting a reversal of trend on Dec16 plus or minus 4 days, so we will be within this time frame starting monday.

Now usually it drills the exact day, and the plus and minus is a mute subject, but watching the posiblilitys may pay off.

What the chart is showing is a pair of andrews pitch forks. Andrews pitch forks are not listed in the tools at the top of the page but they are a simple device.

Price will follow one of them. At the present time price could be following either one of them. So we are not certain what the trend really is.

So we watch the chart and if price leaves one set of fork near Dec. 16 go with the fork that it stays with as a trading guide.

Here is a saved post that explains andrews pitch forks.
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