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a minor sign of weakness on the SP500 Pulse Chart

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In early September Momentum (PriceOsc) turned positive (arrow). Since that point there has been seventeen days when Aggressive Buying (green) has been marked. There wasn’t a subsequent close below the lows of those Green Bars until yesterday. That pattern, indicating a strong up-trend, was broken when Tuesday’s close was marked below Friday’s green-bar low. Note […]

a very strong trend since September

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A very strong trend since September. Since momentum turned positive back in early September there has not been a single day where a close was below a previous Green Bar Low, see chart. In fact the vast majority were not even tested. This is Effective Dayframe Buying. At some point this pattern will change and […]

Bull market price targets.

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Bull market price targets. Bull Market Projected Price Distribution Targets for two major indices are very close to being reached. These are long-term distributions so if a reversal occurs it could mark the beginning of a significant trend change. S&P 500 ETF (SPY): Projected price distribution target -> just above 280. Russell 2000 ETF (IWM): […]