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    Posted August 1, 2014 by
    ronjaenisch

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    When will the stock market drop stop?

     
    Ever since 2001, when significant drops occur in the S&P there seems to be a pattern. For some reason the market favors support and resistance at specific geometric points that were originally pointed out by Roger Ward Babson.

    To see all of the charts of prior years, take a peek at the innovativephysics website.

    If the pattern that has been established in the past continues then one or more of the lines posted above will function as support and or resistance. Since these are lines off of a weekly chart they are easy to monitor.

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