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Please forgive my last post - I posted the wrong
chart.
My work suggests we are in the period for a weekly
pivot on major indexes.11/16 is the Near Impulse forecast for DOW, S&P and
Russell.This should be a low pivot and start a year-end rally.
This is what the methodology says yet when I
consider all the external influences( the Dollar, Oil, Near East Uncertainty,
Credit correction, etc.) I see no basis for bullish behavior.
Jim White
Pivot Research & Trading
Co.
PivotTrader.com
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