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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.670+5.9%Jan 16 9:30 AM EST
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To: Bull RidaH who wrote (2602)9/9/2022 12:27:36 PM
From: Bull RidaH  Read Replies (1) of 4446
 
SPX - Just rechecked recent bottoming patterns, and can come to no other conclusion than we will rally 20% from here before the next tradeable pullback. The entire bottoming pattern projects as a Double Bottom, with the recent pullback just a very standard, typical test of the top of the V between the double bottom. So the new S-T target is 4842 on the S&P 500, 75% of the way to the 5243 final target . 4842 will probably be achieved between December & February.

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