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NYMO bottoms above bottoms structure remains


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#1 hiker

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Posted 22 February 2008 - 05:06 PM

NYMO with other chart data for SPX...BP's are not yet updated for today


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still could easily go either direction ...one item of note, this makes two consecutive weekly closes above 1335 minor horizontal following a period of weekly closes below that level -

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Edited by hiker, 22 February 2008 - 05:14 PM.


#2 Mr Dev

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Posted 22 February 2008 - 05:36 PM

Just looking closely at one of the charts for the turn signal and annotated what I see below.

#1 TLB complete
#2 TL should break Monday or Tuesday?
#3 TL will be another propulsion line when it is crossed.

Posted Image

Edited by Mr Dev, 22 February 2008 - 05:39 PM.


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#3 hiker

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Posted 22 February 2008 - 05:39 PM

thanks, Dev. BP has been updated for today , and now sits at 34.60

#4 Mr Dev

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Posted 22 February 2008 - 05:43 PM

thanks, Dev. BP has been updated for today , and now sits at 34.60



Thanks hiker
If you remember please revisit this post and update it on Monday.

Thanks

Edited by Mr Dev, 22 February 2008 - 05:43 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!