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Wednesday, July 18, 2012


The yellow fork has been on my charts for a long time.  Today I refined the position according to what I see as a probable target.  Clearly if you are drawing this fork as I hope you are, then you too have seen how loosely it fits so far.  It's still in the predictive state rather than a defined state.

I have also said 1409 could be the high target.  This could be, but since the next Volume profile target is 1377 I'm going to draw the fork accordingly. 

Since you read my blog I assume you draw forks too.  I'd like to see how you are drawing them today.

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