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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (197494)4/22/2009 10:22:13 AM
From: Les HRead Replies (2) | Respond to of 306849
 
rising wedge on SPX chart appears to have morphed into a tilt flag (see 2/3rds down the page). less predictable than other flags since it doesn't appear as a correction to the rise preceding the pattern.

thepatternsite.com

if the rise is a backtest of the rising wedge, it should stop at 858-860.