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    Where do we stand? (May 18th)
    BY: Oliver Schoeffel
    Product Rights:
    Personal Use Only
    10 days ago, we were writing: “We plan to wait for the building of a new basis which would be the ground for a new up phase!”… Indeed, we were expecting a consolidation phase before a strong new bounce on major stock indices (see previous reports). You can check the results on the 3 graphs below, for S&P500, Dow Jones 30 and NASDAQ, plotted for the last 10 days (hourly scale)...
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