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Monday, May 9, 2011


Yesterday's Bullish Harami was confirmed today.

14:40 Update

Be aware that squeeze is building strength and a sudden move could easily happen in either direction.

Currently the market is testing resistance at 1346. If broken, it appears the market will follow through to test the 1350 area. If resistance is broken there I expect the upward yellow fork will prevail to the top tine of the downward fork.

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