forecasts by cycles correlated to index, page-72

  1. 518 Posts.
    Robbbb et all, have a look at how the market behaved in this period (Mar-Aug) in 2007, and its relationship with the 55 day moving average.

    I dont think you can rule out a blow off top just yet. Mclellan oscillator suggesting blow off top is a distinct possibility. Think we might see a fake break below the 55 day moving average tonight testing support around 880 and then up from there into July options expiry
 
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