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RE-short term wave pattern


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#1 LarryT

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Posted 12 March 2018 - 07:04 AM

Well, as speculated the wave "B" did not complete at the 2789 high. New window is at 2807 to 2849 and if 2849 is taken out this correction is not a wave four and 3280's area is ahead of the markets.

 

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#2 CLK

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Posted 12 March 2018 - 07:08 AM

Since NDX made a new all time high, wouldn't that be strong evidence that SPX will follow ?



#3 LarryT

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Posted 12 March 2018 - 07:27 AM

Since NDX made a new all time high, wouldn't that be strong evidence that SPX will follow ?

Yes, however the SPX can still trade a triangle wave four first. Triangles use up a lot of time and can drive everyone crazy


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