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May Forecast


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#1 AChartist

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Posted 02 May 2008 - 10:07 PM

Having held the NDX trendline break by closing up today is positive.

It's not going to be exact by day.

If Monday is up, this should be it.

If Mon is down, it started a day early,
another iteration that is one day difference in fundamental cycle,
puts a sharper low on Weds, then the rest is similar to this pattern.


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#2 contrarian

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Posted 03 May 2008 - 01:08 PM

Having held the NDX trendline break by closing up today is positive.

It's not going to be exact by day.

If Monday is up, this should be it.

If Mon is down, it started a day early,
another iteration that is one day difference in fundamental cycle,
puts a sharper low on Weds, then the rest is similar to this pattern.


Posted Image


Wow, as a physics graduate, I appreciate your work, I must start my own development sometime.
Question for you, I assume we (you) are reading the fit line in red, the dip falling on about Wed seems so slight, hardly even noticeable. Is that the precision you read it with? Or am I missing the whole thing in general.
Any comments appreciated in advance :)

#3 mdwllc

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Posted 03 May 2008 - 06:13 PM

Having held the NDX trendline break by closing up today is positive.

It's not going to be exact by day.

If Monday is up, this should be it.

If Mon is down, it started a day early,
another iteration that is one day difference in fundamental cycle,
puts a sharper low on Weds, then the rest is similar to this pattern.


Posted Image


AC: So is the major low of 5/16-18 mentioned earlier off the table? TIA MDW :)
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