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KISS = Keep It Simple, Stupid
October 1st, 2008 at 6:34pm · No Comments
I’ve been following this chart for a while. It’s a 30 minute chart of the S&P 500 cash index. The beauty is there’s only two indicators involved, the RSI divergence (blue and yellow) and the Cycle-Trap (red and green.) So it’s a simple chart to view (though the Cycle-Trap forumla is not so simple, but I digress). Take it for what it’s worth, the chart is suggesting weakness tomorrow.
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