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    Prediction 14 Sep 2016

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    Anonymous L77eD5uo
    The stock market update discusses the recent performance of the stock market. It notes that the rally from the previous day shortened at its high and volume diminished, indicating weakening demand. The first major decline from Monday's high ended in the morning, and a second large decline formed in the early afternoon, finding support at Monday's levels. However, no demand appeared during small upwaves off the low, suggesting more weakness may be ahead, with a potential test of previous breakdown levels before further declines to lower levels are possible.

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    Prediction 14 Sep 2016

    Uploaded by

    Anonymous L77eD5uo
    11 views1 page
    The stock market update discusses the recent performance of the stock market. It notes that the rally from the previous day shortened at its high and volume diminished, indicating weakening demand. The first major decline from Monday's high ended in the morning, and a second large decline formed in the early afternoon, finding support at Monday's levels. However, no demand appeared during small upwaves off the low, suggesting more weakness may be ahead, with a potential test of previous breakdown levels before further declines to lower levels are possible.

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    Forecast of stock market

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    The stock market update discusses the recent performance of the stock market. It notes that the rally from the previous day shortened at its high and volume diminished, indicating weakening demand. The first major decline from Monday's high ended in the morning, and a second large decline formed in the early afternoon, finding support at Monday's levels. However, no demand appeared during small upwaves off the low, suggesting more weakness may be ahead, with a potential test of previous breakdown levels before further declines to lower levels are possible.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    11 views1 page

    Prediction 14 Sep 2016

    Uploaded by

    Anonymous L77eD5uo
    The stock market update discusses the recent performance of the stock market. It notes that the rally from the previous day shortened at its high and volume diminished, indicating weakening demand. The first major decline from Monday's high ended in the morning, and a second large decline formed in the early afternoon, finding support at Monday's levels. However, no demand appeared during small upwaves off the low, suggesting more weakness may be ahead, with a potential test of previous breakdown levels before further declines to lower levels are possible.

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    © All Rights Reserved
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    THE STOCK MARKET UPDATE

    September 13, 2016

    David H. Weis

    On the chart above, the point & figure columns are substituted with price bars. I like
    the way it shows the open and close which are missing on traditional p&f charts. You can
    clearly see how the thrust shortened at the high of yesterdays rally and the volume
    diminished. The first high-volume decline from Mondays high ended today at 6:30 a.m.
    ET. The second large downwave ended at 11:40 a.m. and support formed in the area of
    Mondays lift-off. No demand appeared on the small upwaves off the low which leads me
    to believe more weakness is likely. Before this happens, however, a test of the breakdown
    from 2140 may occur. As noted previously, potential remains for a decline to 2055.

    www.WeisOnWyckoff.com

    dhw@weisonwyckoff.com

    Tel 617.489.9155

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