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Thursday, January 17, 2013

Thursday


Relative Advance Decline is declining and crossed zero on the 15 minute chart while the price is advancing. 
Thanks again for the retail vs institutional trading chart Mel!
Candles confirmed a buy signal yesterday, but I think it's very risky to stay long right now.

1490-1520 has been my high target and we may still hit that area, but I made that forecast months ago, and this is pretty darn close.

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