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Tuesday, October 12, 2010


Candles have been short since Thursday.
Today's Bullish Engulfing candlestick opens the door for the Bulls.

This is a study of Fibonacci relationships.
The first blue rectangle is 100% for both time and value.
The second blue rectangle is 1.382%, both time and value.
The purple is 78.2 % value and 50% time.

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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