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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Copeland who wrote (55935)	12/15/2013 9:09:44 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 218641

Absolutely, I fully agree, good eye... unless something unforeseen hits these markets, we should see the rally resume very soon... for the bullish Gartley pattern, the measurement from point A to point D should be roughly .618 the distance from point A to point X... in this case the distance is .6127, that's probably close enough... the only other problem in this current pattern is that, while the price relationship fits, the time relationship doesn't... for the time relationship to fit the bullish Gartley pattern here we would need to see another two weeks of sideways action... but, we'll see if it holds now... GZ