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The Minimum
November 24th, 2008 at 11:56am · 1 Comment
The S&P December eMini has reached the top of the 60 minute channel, the minimum target for this upmove. There’s enough breadth and power behind the market today to be confident that stocks will continue higher to the top of the 135 minute channel, now at 891. However, expect the rate of the ascent to slow down, probably before day’s end.
Tags: General Market Commentary · S&P 500
1 response so far ↓
1 tobject // Nov 25, 2008 at 9:21 am
Congrats, Chris! EWI’s The Asian-Pacific Short Term Update would certanly benefit from your analysis
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