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Short term wave pattern


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#1 LarryT

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Posted 05 February 2018 - 09:33 AM

So far odds are a wave -4- toward 2680 to 2570 off the February 2016 low @1810 is in progress. Wave -5- targets exist as high as near 4000 so 2018 is going to be a significant year for the longer term cycles.

 

LT...d:^)


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#2 MaryAM

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Posted 05 February 2018 - 02:04 PM

Sorry, it was a Janet Yellen rally - and she is gone.  They are worried that they might stop buying those private debt,  insured mortgage backed securities.  They sure can't sell what they have.  



#3 LarryT

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Posted 05 February 2018 - 04:50 PM

Trading today has forced a lower wave -4- window. New window is at 2570 to 2470. That said if 2470 fails support the fifth wave off the 2009 low at 666 is done. Gonna be excitin.


"If you are going to be dumb you gotta be tough"

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d:^)