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SPY outlook


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#1 VolPivots

VolPivots

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  • Chartist
  • 3,203 posts

Posted 22 March 2008 - 10:38 AM

Looking for weakness into late 3/25 or sometime 3/26 followed by another rally attempt 2nd half of the week. The blue "roadmap" is better for timing rather than magnitude....i.e. time is the most important factor. Also, arguably, the price structure resembles an inverted flat, which is a corrective formation/pause in the overall larger degree trend, which currently remains down.

30min version (my primary tool)
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15min version
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