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Wednesday, February 19, 2014

Wednesday

The Bearish Deliberation (highlighted by the blue rectangle) is not an especially strong pattern and until support near the bottom of the Kumo is broken the Ichimoku will remain bullish.  It does appear that the market has run out of steam at the previous high, but I am not seeing strong technical signals of a reversal just yet.
The bottom of this fork should provide support, but even if it breaks 1812 will still provide support.


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Today's Feature

PALESTINE ON THE WORLD'S ANCIENT MAPS

The Palestine which "never existed" appeared on ancient maps, in atlases, encyclopedias and bibles worldwide.

Posted by The International Palestine Network - Gaza on Sunday, February 21, 2016