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Friday, August 28, 2009


Technically we have overlapped what would have been the first down wave of P3. I'm not taking any long positions on this news, but it does not look good for the Bears.

Last night I mapped out a detailed description of the way I expected the price to follow the M15 Kumo. The top chart shows what has come of that.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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