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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (44730)11/24/2021 4:16:00 PM
From: ajtj991 Recommendation

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Lee Lichterman III

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That offset SPX pattern suggests about a 10-session, 240-point drop from a high next Wednesday. I suspect that high may be in the neighborhood of 4785 SPX. All speculation based upon a pattern right now:

schrts.co

It would line up nicely with tax loss selling. It would also back-test the 50-day SMA and the prior shelf highs at 4545 SPX, setting up a possible seasonal rally into the end of the first week of 2022.
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