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The market's move up must pass through a convergence of very significant
lines of resistance from its present levels. This would tend to support
Clyde's projection of a down trend beginning today. The lower figure at
the web site illustrates this situation with a Gann box and provides
further rationale.
Ned Markson
cnedgo@xxxxxxxxx
http://www.erols.com/cnedgo
Clyde Lee wrote:
>
> Out of seven (7) possible projections for tomorrow
> on the 30 minute OEX chart based on 5 bar reversals,
> four (4) projections still exist.
>
> One projection would indicate the beginning of a
> downtrend if it should occur. The other three
> indicate more upside movement.
>
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