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This long term chart from 1980 shows a similar time relationship,
indicating that the bottom is supposed to be in July.
Pricewise, as seen on the chart, we have powerful support in the 202-203
area.
What I furthermore find interesting from the point of
failures is the "perfect" triangle drawn from 1984 to July 2001.
The problem with this triangle are the break-out failures
at C and D.
The "C" break out failure "should" have generated a
more powerful move below the lower trend line than it did. the fact that
it did not, but price came back inside the triangle again is very
bullish in my eyes. That we now have reached the trendline again from above +
the time price relation ships indicate to me that we have long and short term
reached bottom in the CRB index.
This was ONE way to use DT3.
regards
Stig
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