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Strategies & Market Trends : Longer-Term Market Trends

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From: Fintas	10/23/2014 12:21:12 AM
	of 3209

Here's link I borrowed from another site not to diss but discuss. As you glance at it. Think about this. 1944-162=1782.. That's lower than 1895. But as has been discussed and shown 1895 was recently hit on the way DOWN to 1817 as the 40.5 box retraced and kicked in... Something that was not considered by the e wavers ( except Pokersam) for from what I can glean the e wavers have to see the actual turn in either direction before it's discussed. So this link below will show the high.. the down and count back up that is not as stated going to run into resistance. Something that was considered off the 1836 using the 54 box. So why am I so sure the 1782 is coming? And shhhh 1728.. SHHHH THe 24.30/34.02/40.5 value boxes have retraced 3 boxes. The 34.02 and 40.5 were extended. The 40.5 was VERY extended off the 1400 area.. AS in some 18 boxes straight up. So the RETRACE of 3 boxes was a safe thought. And if the 40.5 retraces then the 54 WILL also retrace. The 40.5 came down.. stretched a bit as it retraced 3 and then 4 boxes.. Almost pulling in the 54 retrace from the 1944.. BUT NOT quite. Thus a rally and money flying back in as we have seen but NOT causing the Near term SPX MOMENTUM to show dramatic increase. Thus suggesting it's the long traders who goosed the rally and NOW we are about to see where this rally ends and then the down. The count of 1895 will soon to be lacking as the WEIGHT of the 54 value box and then the 64.8 and on to the 97.2/108 and eventually the 162 will ALL turn over 3 boxes. So peek at Henrys counts.. Henry is good.. However, I asked him long ago what it would take for him to see1836/ 1728/1620/1458. What do you want to bet he sees it in the future? We know he's seen the 1836.. The rest are coming and as they do..the wave counts will shift down. Now to Pokersams credit for those who are objective. Pokersam was presenting BOTH UP and down to me way back in early 2013. He showed me the UP.. and the down. Unfortunately too many only focussed on what he suggested down. That's because too many are not able to see both sides while things play out. EX. I had to see JPM to 60 for it to get there. But as I have stated long before I sold.. I put up 44 to the down. Hasn't happened yet but it will. How do I know? I use the same tools to project IBM to 164 from 210 ish. How'd I do. Fintas Message 29770326

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