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The Repeal of Rule Number One, Don’t Fight the Fed

Suddenly the whole technical picture looks bullish. It makes me think that they’ve repealed Rule Number One.

But they haven’t of course. There may be enough technical momentum to keep the rally going for a bit longer, and cycle projections point that way. But ultimately, the reality of ever tightening liquidity must prevail.

The question is when. Cycle analysis says be on the lookout at any time over the next 7 weeks.  If all goes according to Hoyle, we will be able to read it in the technical indicators.

Here are the current price and time projections for where to look for the highs to develop.

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These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

Posted in 2 - Technical Trader
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