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Right On “Q”

The Q's are playing out as forecasted (first chart below) following Friday's late session rising wedge breakdown & prices reversing off the bottom of the S2 zone following a very minor reaction around the S1 level. If Friday's forecast continues to play out, the bounce off S2 should end soon with a resumption of the downtrend.

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Dec 7, 2015 12:06pm|Categories: Equity Market Analysis|Tags: , |Comments Off on Right On “Q”