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Now that we have blown past 69.75, our next objective for support in
this market is as shown below:
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TTC ver 2.3 - FIBONACCI RANGE LEVELS CALCULATOR
Last Close Price: ( 70.3) Range Prices: (69.35)-(71.45)
Top Extension Levels Within Range Levels Bottom Extension
Levels
72.5 71.45 68.8544
72.2522 70.9544 68.5478
71.9456 70.6478 68.3
70.4
70.1522
69.8456
69.35 <--- LOOK!
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cheers!
:)
rick
PS. The extension value of 68.55 is real close to 68.63 (.08 off) and
just happens to be a previous turn point. A double bottom would do real
nice to go long. A good trade may be to buy at the 69.35 or better mark
and make sure your stop is below our double bottom of 68.63.
Risk about .72 pts or $288.
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