Sunday, October 24, 2010

Pending market action 25th -29th

So far trend still up. I have a sell at 1166 SPX.
The 25th and 26th Cycles I thought were going to be lows could be CIT highs.( combo of 89,55,18 TDL clusters. Still look for the H&S 10 yr pattern to happen baring a take out much higher than 1207. chart below.
Trend Model
Long Term ---up
Med Term ---up
Short Term---up
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pressure-- up topping
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Mechanial model --Dn
Other than early I don't know but it is stuck.
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Isee model weak.

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