Thursday, February 11, 2010

Longer Term






The charts are all TD Sell Set ups completed on monthly charts. The Sequential countdown is supposed to go on in DeMark analysis, but on the monthly charts sometimes a 9 count is good enough for a major reversal as you can. Its all one trade so this isn't too surprising but it is worth keeping in mind from a big picture perspective: Many markets (SP, R2K, Aussie Dollar, Copper, Soybeans) have completed the 9 count.

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