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Tuesday, January 12, 2010

Catch You On the Flip Side / Breakdown in Progress

Few different diagonal options. Could break down here. Could reverse and head higher in a 4-5. But things still look overlapping. This looks, feels and has all the indicators of a diagonal (3rd wave has significantly less momentum and is more sideways than Wave 1).

Addition 11:25 - XLF for Bubble Jeopardy

Addition 12:15 - Bottom trendline is broken. Test of the next one is coming up

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