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Thursday, July 25, 2013

Thursday

Finally in the bottom section of the green fork. 
Looks like the bulls will take it to the top of the range marked by a blue rectangle.
Even though the yellow fork has held, I do not place much importance to it.  I think it is only marking resistance.  If price drops below 1650 I would place more weight on it.

I watched my AD/price indicator long enough.  It was interesting, but I've replaced it with standard stochastic and MACD

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