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Strategies & Market Trends : Humble1 and Swing Trading Friends
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From: humble15/11/2016 12:47:11 AM
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tonight's crazy fun: h1-wave count and upper channel line confluence at price magnet spx 2300 on friday, 6/24/16

1. the lower trendline slope is 2.70

2/11->5/6 = 85
2039.45-1810.10 = 229.35
229.35/85 = 2.70

3/21 is the peak using s = 2.7 and is used for the upper channel anchor

2300-2044 = 256
256/2.7 = 95
3/21+95 = 6/24

2. c = a

* easy to count 2/11->4/1 as a 50 c-day up wave
* easy to see 5/5 as a closing correction low
* easy to add 50 c-days to 5/5 and get 6/24

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