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Marius_Johnsrud
Jun 13, 2014 11:45 AM

Darwas style box suggests 16% upside. Long

SPDR S&P 500 ETF TRUSTArca

Description

The market is getting overextended but using the box system, it seems that we could see another 16% upside before the end of the cycle. The most likely scenario is having some zig zaging action within the box for a couple of years before the target is met. Point being that we should reach 220 before the bull cycle ends.
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