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Double Top text book target at 1934.25. 100% Measured Move target at 1925.50. I really wish at least 1934.25 is true, but I'm no longer sure any of bear targets...
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Forecasting the market accurately is impossible but studying the market history makes me believe that a new Secular Bull Market has begun in 2009. I think that the money flow will continue going into the Commodities sector until the market bottoms in 2016 but once it will, investors should be back in the Stock Market. The next major low in 2016 could be a once in a generation buy opportunity in the US Market.
‘the petrodollar is our currency and our problem’....Gappy