This week should give further insight towards market direction based on S&P.traderathome wrote:REPOSTING
TAH
Can S&P form a double bottom and reverse around 3200 levels or will it shed more points on selling pressure and drop in prices towards 113 fib,
Here is the chart....
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Ravin A.k.a TAH[/quote][/quote]
Further update on S&PSL 20 my favorite INDEX....
There are 3 possible scenarios for the BULLS assuming the UPTREND continues we should see few more points Up, then we should see the initial profit take that could bring the INDEX down.
Medium to Longterm the TREND should form few Harmonic patterns in the run up to Longterm possible reversal zone.
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TAH