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Very interesting time for my handy dandy SPX *dollar
index chart that I posted here before (representing the S&P as seen
from offshore)...
1. very close to tagging the blue pfork downtrend line where
it intersects the red upsloping resistance line. As you can see, the blue
one has been a star so far.
2. Also very near a 50% retrace
linear scale (this chart is log) of the last leg down.
Regards,
Chris
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