Treggs
On either chart the trend is down and the index is likely to fall out of the Wedge, despite the hopefull amoungst us calling a 20 point rally a bottom!
XJO has given back about 17 months of gains, which is by no means a capitulation, nor Armageddon. Some might think that the sky is falling - they obviously haven't seen a nasty and protracted bear market ...yet!
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de ja vu, page-47
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Change
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