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« Kris Kross Teach Technical Analysis | Main | Rejected! »
Thursday
Jul082010

Accpeted!

The bears could not reject the bulls at the 1040 level and the bulls continued to run the market up to 1060.  The top of the channel now looks like it will be tested, this 1074-1080 level should provide a good risk/reward shorting opportunity when it gets there. 

 

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