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#1 selecto

selecto

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Posted 04 March 2009 - 04:09 PM

Today we printed a break-away bar and lost the upper flare, so the first BB rule-of-thumb target would be the centerline.
By definition, a break-away bar is against the trend, so there is no consideration of bull market / bear market rules of
interpretation as there are with price momentum signals.

(Weekly, although the bar is incomplete, the upper flare was lost today also, but we are still trading completely outside
the lower band. Rare. Tenuous.) :unsure:

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