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Be Careful. The DJIA and the S&P are both at the top of rising wedge
patterns. If the S&P breaks below 950 ... watch out.
The UK FT 100 is in the process of forming a right shoulder for a Head &
Shoulders top. The Nikkei is nearly finished its technical rally. It may
try to test 17500 but the next major move is downside.
I am not a happy chappy with these markets.
Regards
Dr Clive Roffey
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