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CURRENT MARKET TREND: Down on 1/24/2020






Tuesday, June 21, 2011

Trend: Update

So did we get the confirmations I was looking for this morning? We sure did.

First chart:
Both trendlines breached. I'm disappointed it didn't make it over the white horizontal line though.

Second Chart:

Yellow crossed above white, a bull trend signal.

Third Chart:

SP-500 Hourly and current count.

I would place the odds at 85% that a bottom is in.

Best of luck!

Jim Genosky

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