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Friday, May 27, 2011


The market is being influenced by both the 20 and 50 MA. These two forks appear to be placed well, and that would indicate a trading range may continue until the blue fork is finished. The 100 MA will then come into play.

1346, 1337, and 1332 are S/R levels. Today of course will most likely be a slow day due to the long weekend.

Read yesterdays post for further details.

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