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This chart is as clear as day. When Telechart's T2120 (which measures the ratio of 26 week new highs to new lows) hits 95, it is time to short SPY. We are at 85 right now. Ten more points and we have an easy short play.
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1 comment:
Quite informative post!I loved reading it. Before investing, you should analysis of market nervousness and according to author market changes performed in cycles, each cycle finish with a large raise.
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