TD91
Glad you said wedges break down mostly.
I have seen them break up especially when they start from a major low, as this one has, but not as a late leg up.
By the way I can't rule out the Dow doing the below chart.
It would consume the expected 17 years to break out of the diagonal. I think it would complete D this year and then E into 2012/14 (maybe even July 2013, lol).
It would see probably see SPX just triple top.
Just possiblities NOT my forecast.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |