SPX Retests Break Above R2

Note:

We actually lost this file and this is an attempt to recreate the lost information. The graph above is the original graph from the update.

The main point of this update on 01/25/07 was to indicate that we were going 100% long into SPX related funds due to the retest of R2. Our upside objective was 1455 which is the width of the R2/S2 channel projected upward at the breakout point. The price at which we entered was SPX 1423.90.

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