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Another thing that has keep me bullish is the point & figure chart. The first figure chart (FC) is a 5 point FC of SPX (a pdf file; use the view tab to rotate). I draw this by hand based off the 15-minute chart. |
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Bull's-Eye Broker from
www.archeranalysis.com will create these charts for those who don't want to do them by hand or use
www.stockcharts.com. I placed the counts where Eiger did on his chart.