A signal in the box…

Posted on Oct 04, 2015 by in Letters

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464

The short sharply sloped trendlines here tell the recent story -- contrarian influence and trading markets.  And all trading within the box we described here http://www.edwards-magee.com/?p=5596.

The immediate situation is perfectly described lhere:

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