Comments on: Bear-Market Rally Parallel Continues http://www.trivisonno.com/bear-market-rally-parallel-continues The S&P 500 Will Take Out the March Low Soon Fri, 04 Jul 2008 18:16:49 +0000 http://wordpress.org/?v=2.5.1 By: admin http://www.trivisonno.com/bear-market-rally-parallel-continues#comment-369 admin Fri, 09 May 2008 23:04:09 +0000 http://www.trivisonno.com/?p=87#comment-369 Hi W T F, I don't think most technicians would call that a double top because the market had been declining prior to the December peak. I would call the December peak a move back up to the top of the downtrend channel, and then the move up to the February peak a retracement that came in the form of a rising wedge. Do you see what I mean? Matt Hi W T F,

I don’t think most technicians would call that a double top because the market had been declining prior to the December peak. I would call the December peak a move back up to the top of the downtrend channel, and then the move up to the February peak a retracement that came in the form of a rising wedge. Do you see what I mean?

Matt

]]> By: W T F http://www.trivisonno.com/bear-market-rally-parallel-continues#comment-367 W T F Fri, 09 May 2008 21:57:11 +0000 http://www.trivisonno.com/?p=87#comment-367 Matt, I think you are too early. If you look back in 2000, a double top occurred: the first top about 2000/12/11, the second about 2001/02/04. Conclusion: a small decline from here to another top in the coming weeks and then... look out below. Matt, I think you are too early. If you look back in 2000, a double top occurred: the first top about 2000/12/11, the second about 2001/02/04.

Conclusion: a small decline from here to another top in the coming weeks and then… look out below.

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