Not sure if anyone else has noticed this and apologies if someone has already posted it....I haven't been paying as much attention as usual to the XJO thread. This doesn't work on the SPX but does on the dow. The upper expanding wedge trendline will intersect with the 38.2% retracement of the bear market on.......7th August. I thought that was very convenient as so may have august 7th as such a strong date.
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