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Showing posts with label arewegoingtodip. Show all posts
Showing posts with label arewegoingtodip. Show all posts

Wednesday, June 30, 2010

Are We Going To Double Dip

Are we going to dip? The quick answer is no I do not think we will. At least at this time we have no technical analysis that takes us down to 660 on the S&P again. There are two head and shoulders patterns in this video and the first takes us to the July lows around 860-880 and the second, which has not completed the right shoulder yet, would take us to around 950. We have officially made a lower low but if the next high is higher we could be turning back up.
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