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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (135281)8/8/2006 3:33:20 PM
From: skinowski  Read Replies (3) | Respond to of 209892
 
What this route was/is is all that remains up for debate

LOL! Open indeed... Well, anyway, SPX, INDU, NDX all broke their respective channels (incl. maybe ED's?) which they have been tracing out since mid-July. The declines off the top of a few days ago so far are three-wavers, which makes today's intraday high (SPX) important ... for now.

THe action since June 14 may be in fact a completed correction.