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Today and tomorrow are Near Impulse dates for the
major indices and trend change warnings are flashing on all daily charts. I
expect a low pivot and upward movement out of this pivot.
Experience has shown that less likely alternatives
are a change to sideways movement or an acceleration to the bear trend. Right
now this is shaping up as a low range day so if it continues, low risk entry
points should be available tomorrow.
Jim White
Pivot Research & Trading
Co.
PivotTrader.com
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