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In previous emails I called for today to be an impulse day. Only time will tell if today was a high or a low or if I'm full of blarney. Ben, who I respect, says the market is oversold and is calling for an up week. I hope he is correct, I'd like to fade any rally. The attached chart indicates that eventually we should break the October 10 low.
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Attachment:
SP 15-minute Oct 6 - Oct 27.gif
Description: GIF image
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