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Sunday, September 15, 2013

Sunday

Back in August when the market was crumbling I pointed out that the forks did not look symmetric and the Bulls were often full of surprises.   Well Suprise!
The white line above the current raging price is a trend line, and the yellow is a channel.  These would be natural resistance. 
As bearish as I am, and as hard as it is to believe this market; I still have to respect the lines on the chart.  The upward forks are still intact.  But what a day it will be when they break.

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