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Thursday, April 10, 2014


That grey fork has been an alternative for quite awhile.  Today dipped through the blue band, so I'm expecting a test of that lower tine on the gray fork. 

The yellow fork is history but the past few weeks look more like a correction than a top... If the gray fork fails there is very little to stop the market until 1730 except for some weak support levels near 1796 and 1770 but there is nothing solid.

What do you think? Was 1892.50 the top, or do you think we will pass 1900+ within the next few months.
I put this chart up to show why I agree with PermaBear Doomster.

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