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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3709)6/24/2014 10:55:36 PM
From: Kimston  Read Replies (1) | Respond to of 15903
 
Based on the presumed importance of the 6/9-10/2014 top in DJIA, and subsequent retest with classic RSI divergence, I agree that the highest probability is the market has topped. My first alternate is an ED pattern that needs one more slight new high after a wave 4 down. A break below the Feb 2014 low would invalidate the ED and pretty much confirm a major top has been made in my opinion.

Kimston