if you look at the chart now, especially the All Ords and FTSE, you can see quite clearly that its moving into the page and away from us, thus it appears to us, the viewer that the market is compressing.
I now thing that this should continue to happen until later in the month and into early August.
Market should get above mid July highs, any pullback is a short term buying opertunity.
Should be pretty easy to nail this move mathematically, will do this later
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will the suckers rally last more then one day, page-6
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