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Case Study 3/22

So, what happens after you get an “almost” signal.  I’m often paranoid that when I get an “almost” signal, that was often the true signal.  Whatever signal that follows is usually bogus.  Well today is a reminder to keep everything in context.  The market consolidated on the “almost” signal and then moved up.  There is nothing yet to make me fearful of a reversal.  The market again consolidates and finally gives the legitimate signal.  When it does this, there is still nothing apparent that says we’re not about to resume the trend.  So just always keep things in context:

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