Saturday, 18 June 2011
S&P Pitchfork and 1 year cycle
It is slightly confusing with the cycles in that we have just seen the 90 degree from the March low and have 360 at eom,with the solstice bang in the middle.I think eom low is likely but do we get a rally first ? Chart pattern is not really supportive of that.;Risks are firmly on the downside imo,even accepting that sentiment may be overly bearish for comfort
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