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The 60 Bottoms
August 4th, 2008 at 11:04am · No Comments
The 60 minute eMini chart shows the market has found support at the lower channel. The modified DMX (yellow line/bottom clip) has turned up and has diverged from price. In addition, the Tick Cycle-Trap on the 135 minute chart is rising, suggesting this entire pull back is but a sideways pause before more rally.
Tags: S&P 500
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