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Tuesday, October 2, 2012


The green fork shows the market in a mature pattern.  The Yellow Fork shows the harmonic support. 

In the end the large upward Red Fork trumps all the rest of the forks, but in an effort to find the critical levels I have drawn these prominent sub- forks. 
Looks like the institutional traders are divided.

Just for the record the candle sticks are long since yesterdays white candle stick.  But today did not break out above the really long upper shadow on yesterdays confirming candle.  In fact today was a Spinning Top which only confirmed the confusion.

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