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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.17+0.2%Dec 11 4:00 PM EST

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toccodolce
To: Chip McVickar who wrote (114457)11/22/2018 9:51:50 PM
From: GROUND ZERO™1 Recommendation  Read Replies (2) of 220073
 
I see the pitchfork and have been watching it closely, we can definitely bounce off that middle tine...

It looks more like a typical HS topping pattern but that doesn't automatically mean a top, just that the HS pattern has formed and should be monitored closely...

The Coppock Curve is not a leading indicator but it does offer good supporting data since it's behavior can be highly correlated to impending market action...

Most definitely, I have many more near term indicators, the Coppock Curve is the last thing I use and only as a backup...

I posted that reference because that indicator also is showing signs that have not appeared in a very long time, it's worth noting...

Here are a few more interesting charts which I consider noteworthy, also longer term...

Message 31895450

Also, by the way, a full moon tonight which has typically been negative for the SP and positive for gold...

GZ
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