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SPX DeMark TD Sequential(TM) Sell Signal Daily Chart NDX likely today


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#1 Geomean

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Posted 10 February 2017 - 09:55 AM

A fully qualified DeMark Sequential™ Sell Signal printed on the SPX Daily chart at the close yesterday at significant fib extensions. (Red 13).The TD Combination ™ printed a day 11, and could complete before a turn (but it often stops on a 12). Next week catches a 1.328 time extension. NDX should print a TDSEQ 13 today. Wave and Hurst cycle analysis also point to a significant inflection area being reached.

These are the last of the major US indices to give these signals.

I'm having difficulty uploading a chart to picture the referenced. Sorry

ATB
Geo
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#2 redfoliage2

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Posted 10 February 2017 - 03:48 PM

More likely next Monday..............



#3 q4wer

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Posted 10 February 2017 - 04:25 PM

OE day



#4 Geomean

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Posted 14 February 2017 - 11:19 AM

I got a TDCombo 13 sell signal yesterday in both the daily and hourly charts of the SPX and wave 5's completing at multiple degrees. I count 5 waves down with a retracement underway so far. Very interesting set up here.
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#5 Geomean

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Posted 14 February 2017 - 12:39 PM

The more I studied this, it looks like the signals hit at the top of minor wave 3, if so we are in a 4, perhaps a zig-zag with the 5 wave down count in the 10 min
chart so it doesn't look like a good place for a trade, chop, chop, chop
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