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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.07-0.2%Jan 29 4:00 PM EST

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ONEGOAL
From: Fintas7/12/2013 11:36:35 AM
1 Recommendation  Read Replies (1) of 222605
 
FYI.. Bell curve avg now at 61 ish after being as low as 55 ish.. I'm still holding on to the drop to numbers lower I have presented.

SPX BP at 77.9 and bounced

Near term MOMO at 49 ish and up significantly off the recent low

10 week at 79 ish...reversing itself

30 week at 86. ish. reversing itself.

To some that would be a WOW. To those who understand the numbers here's what it's saying. Those who do subscribe to Dorsey service pull it up and then look at each pnf chart and after you do so intially then expand and after that is done then do a layover of the bell curve to dates in the past showing peak to low.

If that is done here's what one should be considering.

MOMO is about to hit a wall and reverse.

Yes the SPX BP has bounced but it too is about to roll over but more importantly look at it's pattern.

20 week and ditto.

30 week and ditto.

As those indicators play out then Bell curve avg will roll.

So for those who enjoy bounces. COOL.

For those who understand what happens when a bounce ends then be pro active versus re active.

While here re BP PM has bounced off it's lows to the 10. It previously stopped in the 14.

The near term momo bounced off the 22 to 30. Which is nice but something doesn't feel right about that pattern.

10 week bounce a bit

And 30 week hasn't done much.

I'm sticking with GOLD will make another low. Whether it moves to 1300 first or 1324 is to be seen but there doesn't appear to be significant strength on these bounces to have me consider the low is in. That is coming but the PM's need a bit more time. Why is the unknown for from where the lows were that momo should be in the 40-50's not 30 and struggling.

The bppm should be n the 14 not in the 10's.

That says the buying was more speculative

ALL IMHO

Fintas
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