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Tuesday, September 6, 2011


Bulls need to stay above the support at 1146. Interesting Fibonacci levels. A move to Friday's close may be all this market will be able to do.
After the 10 AM reversal, the market has improved since 10:30. I have R1 at 1153. 1156 may need to be tested today, The Bears will need to hold that level.

For the devoted, the chart above shows Shadows Traders values.
The chart below are mine. Even my pivots are different

KumoBob's Value Area.  .Forks look good on this NYSE hours chart.
My fork did not look right, but this channel seems to tell the story.

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