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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Ron who wrote (9928)2/7/2009 2:20:59 PM
From: jaker  Read Replies (1) of 41420
 
Thought I would look at the SPY daily chart... With excessive exuberance it may not be that strong. And even Dead Cat Bounceable.

I am using a Line Chart, cuz it is easier to see the swing points... As usual it won't go down 'til it gets done going up. Then we get to plot a fresh pattern.

as far as the count, never any good at that... But so far I would say corrective... looks like a (b) at this time, and if it gets a fresh high ...I guess it morphs into a stronger (c)

Could use some help from the EW Boyz.

screencast.com
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