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Now that astro is back in style with beans, how about equities. Norman
commented a short while back about Mercury going direct. Looks like that is
about to happen. OEX is pretty close to heavy planet support at Uranus
799.75 just as Mercury is turning up. Adding a bit of traditional tech with
the Stochastic
RSI so as to keep the feet on terra firma, a pullback to 60 or 50 or 40 on
the Stoch RSI would still keep the bullish trend from the May lows intact.
That High three bars back was right on the Mercury price line at point Y as
well as at the time of the intersection of the Sun/Earth line and the North
T Node at point X. So the stars tell me the correction of the rally from
the late June low at point Z should be over today or Thursday morning, maybe
a rally will even start on Globex tonight.
BobR
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