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It may also be bumping up against a Larry P. intraday Gartley 222 formation.
Would you put any weight on the crossing of the light blue trend line
intraday?
Kevin
>
> Weekly downtrend, daily chart at .618 resistance.
>
> Monthly uptrend, so possible for a rally, must be careful.
> How it behaves at this .618 will point the way. A possible
> short on intraday if .618 resistance holds.
>
> -Neal.
>
>
> ---
> DiNapoli Fibonacci techniques -
> http://www.fibtrader.com
>
>
>
>
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