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Thursday, June 7, 2012

Stock Market Story Line - June 2012

As predicted by the IPM Model, the market bottomed within the turn window on Monday and has started a 3-4 weeks rally. I have laid out a tentative market path for June 2012. Details will be discussed later.



4 comments:

  1. Wow Naqvi. This illustration helps a lot!

    Thanks
    Joseph

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  2. We've gone up 55 S&P points in 4 days.

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  3. Wave A has most probably ended with today's spike high. Now we will go sideways for around 1 week i.e. till FED's meeting next week!!

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  4. Wave B might be near the end, especially if market holds above 1310

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