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Friday, October 22, 2010

Friday

I'll be surprised if we don't see at least a 30 point move on the SPX on Monday.
I've been thinking about that... since my target is only 20 points away, I should probably say a least 20 handles.


10:00 ET
I presented this chart back on the 17th. The yellow rectangles are Fibonacci levels I expected Price to find. The second chart is current. I'd like you to notice that Price has met the first two Fibonacci levels.
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