The trend line angles below seem to have very good harmonics.
I would say Martis could mount a very good case for his Armageddon scenario if we fall out of this channel.
These particular trend line angles should provide very good support and resistance. It is looking more and more like the bull market started back in March '09.
My bias would be for the market to head towards the top of this channel, a pullback to 4200 would be good confirmation but be very careful of it falling out the bottom near 4000.
The trend line angles below seem to have very good harmonics. I...
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