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I haven't seen any posts on the potential H&S
formations on the hourly charts of the indexes (or I've missed them if there
have been any). I'm not an expert on the specific technical aspects of
these patterns, but the spacing and volume characteristics look supportive to
me. The timing is interesting as well since the bear market rally back in
September traveled 24% and so has this latest version so far.
Comments?
Bob
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