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Strategies & Market Trends : Longer-Term Market Trends

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From: AllansAlias7/8/2008 9:20:02 AM
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Keep watching this...



I would expect this channel to hold. Sure, it might get violated intraday, but by the end of this week, I expect a close inside the channel. Eventually, I think it fails. When it does, it will prove to be very tough (shortable) resistance on any rally.

Previous post showing SPX channels:
Message 24726045
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