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Wednesday, July 28, 2010


Market recap:
Today's Black Candle confirms the bearish reversal pattern created by yesterday's Black Spinning Top. The candlesticks issued it's buy signal back on 7/20 for a conservative close to close gain of about 20 points SPX.

I'm too tired to write a decent recap tonight so I'll see you in the AM. Early in the day I predicted the low near 1100.90. I believe the SPX came within 2 points of the level.
for intraday updates

10:30 ET
The morning DDF

Kumo support

Getting perspective

09:30 ET

The red oval marks my target for today

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

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