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Wednesday, November 16, 2011

Wednesday

E-mini
Tuesday followed Monday's Black Marubozu with  a White Spinning top.  Today's long Black Candle confirmed the signal early this morning when price quickly traded back below the close of the Spinning Top.

Breaking out of a small triangle the e- mini spilled over on rapidly increasing volume loosing about 25 handles during the afternoon on what looked like an exponential curve.

With the lager triangle still a viable option the Bulls may take the bears by surprise.
This is a Bearish placement.  If this Triangle breaks down then this fork will make sense.


In any case 1218 is the point of no return


Bearish Pattern

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Today's Feature

PALESTINE ON THE WORLD'S ANCIENT MAPS

The Palestine which "never existed" appeared on ancient maps, in atlases, encyclopedias and bibles worldwide.

Posted by The International Palestine Network - Gaza on Sunday, February 21, 2016