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  • Dec
    16

    Wedge Update 12-16

    Filed under: Uncategorized;

    The tightening of the COMPQ wedge continues. We are coming out of the Bollinger squeeze on some good news on Wednesday and the direction is up. The dollar is down, but hasn’t broken its 5-day trend, which is moving higher at 60%/year. We’re going to keep an alert below the green line and be ready to hedge the portfolio if it triggers. Meanwhile, we’re long!

    1216comp

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