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Posted by bkenison on June 25, 2008, 10:52 pm
Kenison Counting Numbers are now projecting that a major bullish
reaction bottom in the S&P is imminent. We are now entering a
critical time period where a sharp reversal to the upside could
occur.
By applying the counting numbers sequence to the weekly charts, we see
that a powerful three week reversal zone is being projected centered
on the week of June 23, 2008. The S&P has now traded down into this
reversal zone indicating a high probability the bottom will occur
during this time frame.
We will be correspondingly applying the counting numbers sequence to
daily and 60 minute charts to determine the three day and three hour
reversal zones contained within the three week reversal zone already
projected.
Copyright (c) 2008 Bruce Kenison. All Rights Reserved.
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Bruce Kenison is the founder of several market timing advisory
services employing the Kenison Counting Numbers precision market
timing method and is the editor of Bruce Kenison's Market Timing
Signals ezine and newsletter available FREE to investors and hedgers.
He is also president of a publishing and seminar production company
that recently published the 5th Edition of Bruce Kenison's Market
Timing Home Study Course. For a FREE subscription to the ezine or
newsletter and information on products and services, send a blank e-
mail with "Subscribe" in the subject line to: brucekenison1@yahoo.com
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