AndyM

Beware of a possible triangle in SPX

FX:SPX500   S&P 500 Index
513 2 14
Although the downtrend is intact, a triangular structure may well be developing within a correction. Triangles are deadly if you are on the wrong side of it, so beware of a possible upward thrust early next week. Also USDJPY             is significantly oversold and I expect a correction in it during the whole next week, which strengthens the case of SPX             relief rally.
beautiful
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At e right now. Let see if it holds.
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