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2009 trend line


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#1 CLK

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Posted 25 November 2020 - 05:13 AM

This is the 2009 trend line, it failed 3 weeks ago when the weekly closed over, I thought it may not have closed over enough, it did, and now you see the follow through. I don't think the week will close much lower than it is now.

 

 

 

https://invst.ly/syha-

 

https://invst.ly/syh5j

 

https://invst.ly/syhcx


Edited by CLK, 25 November 2020 - 05:18 AM.


#2 redfoliage2

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Posted 25 November 2020 - 01:13 PM

LT it is at the top of the megaphone. For ST it is just news-driven ...........

Edited by redfoliage2, 25 November 2020 - 01:15 PM.


#3 da_cheif

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Posted 25 November 2020 - 05:11 PM

megs or expanding triangles are continuation patterns......watch the sky



#4 tsharp

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Posted 26 November 2020 - 10:20 AM

SPX WEEKLY ANDREW'S FORK UPDATE

The SPX ended just slightly down on the day, though back above the UTL from the 3.2009 low to the 1.2018 high...

I also added that new Andrew's Fork set that shows the price moved upward to the top tine, then was rejected, though is back near that upper tine again, which sits up near the ~3700 range, to possibly complete wave-b:Y:2...

However, if the alternate blue fractal interpretation is correct, there's also a confluence of the two fork sets up near that #Hurst nominal 40-week projection near year's end... watching.

 

 

SPX-W-11-24-20-AF.jpg