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ST Target formation


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#1 LarryT

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Posted 06 November 2017 - 04:42 PM

Off the 2544 low trading Monday has formed a possible wave five terminal diagonal wave pattern. Price should drop below 2544 this week if it was a diagonal. If it was not then 2620 comes quickly.


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#2 opinionated

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Posted 06 November 2017 - 07:00 PM

So,... Might Go Up... Might Go Down...

 

Very Helpful...

 

Thx

 

swoon.gif



#3 LarryT

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Posted 06 November 2017 - 08:42 PM

So,... Might Go Up... Might Go Down...

 

Very Helpful...

 

Thx

 

swoon.gif

If you knew anything other than an opinion you would know how valuable the information is. I must have lost my crystal ball that tells me what the market will do a day in advance. Thanks a lot.


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#4 12SPX

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Posted 07 November 2017 - 08:18 AM

So,... Might Go Up... Might Go Down...

 

Very Helpful...

 

Thx

 

swoon.gif

Think it means if it was a diagonal move it should go below 2544 and if it doesn't the market will rally to 2620.  I don't understand the diagonal move though, charts show better!



#5 LarryT

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Posted 07 November 2017 - 08:48 AM

 

So,... Might Go Up... Might Go Down...

 

Very Helpful...

 

Thx

 

swoon.gif

Think it means if it was a diagonal move it should go below 2544 and if it doesn't the market will rally to 2620.  I don't understand the diagonal move though, charts show better!

 

Possible diagonal, may not be completed yet however a diagonal terminal tells us a huge amount of pattern data.

 

https://www.bing.com...ngle&ajaxhist=0


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#6 opinionated

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Posted 07 November 2017 - 08:58 AM

Was a crappy comment sorry Larry...

#7 alexnewbee

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Posted 07 November 2017 - 09:02 AM

Off the 2544 low trading Monday has formed a possible wave five terminal diagonal wave pattern. Price should drop below 2544 this week if it was a diagonal. If it was not then 2620 comes quickly.

thank you. Makes sense.


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#8 LarryT

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Posted 07 November 2017 - 09:32 AM

Was a crappy comment sorry Larry...

Thanks, appreciated. Just trying to help.


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