XJO 0.74% 8,285.2 s&p/asx 200

harmonic pattern trader- weekly update4th june, page-11

  1. 6,147 Posts.
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    Das, you've just put another possibility in my head.
    Given that major 2 leg C is not lower than A, it may be possible that we do a D & E leg & possibly to the upper tine of the falling black chhannel; & back to the centre tine & bottom orange channel, meaning we have another month or tow of sideways action before US concede to increase debt limit & unleash QE3.

    as an oddity, they say that a drowning person rises 3 times before going under, hope the same doesnt apply to QE regime.
 
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