going down....descending triangles are breaish anyway....and the height of the triangle is the theoretical amount by which it can drop....this will take us to a level that is 61.8% below the top....these things don't just line up randomly....the market is setting itself up for a fall.
Obama can not save us as this market is much bigger than he....but i hope a mammoth fall will end as he is inaugurated.....that way we may have market forces colliding with obama's popularity and we may then have a really decent bear market rally.
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