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2013 Should Come in With a Bang

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The market is set up for a big move, but seems to be waiting on the fiscal cliff resolution for directional guidance.

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I'll admit, many things look very bearish -- but until the market dictates otherwise, I have to continue considering the bullish wave counts as viable possibilities. 12765 on INDU and 1385 on SPX is where the bulls become severely handicapped. Below is the S&P 500 (INDEXSP:.INX) bull interpretation with noted levels:


Click to enlarge

And the SPX bear interpretation, with noted levels:


Click to enlarge
No positions in stocks mentioned.
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