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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (5694)2/4/2008 10:18:42 PM
From: the-phoenix  Read Replies (3) of 41443
 
Yeah, my current favored was posted by bobcor last week. Forgot about his chart. Below 1357 and I will probably be short. Otherwise, I'll look at going short in the 1420 area.

That said, my NQ swing system was very close to going long today, part of why I started looking for at least short-term up scenarios. That, and the NDX and RUT charts look like they have some more upside still, which would take the SPX up out of that wedgy-thing.

I always discount Leading Diagonals as a low-odds play. I will sometimes believe in them after the fact, when trying to figure out how to fit a wedge-like structure into a count, but won't bet on them.
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