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few days rally ahead in the least


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#1 andiron

andiron

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Posted 16 March 2011 - 03:48 PM

NAMO/NYMO are oversold and in an area where typically a rally is all but ensured. NYAD should get a bounce from 50 SMA where it resides now.. but trading is getting very interesting..a rally to ES1300 area....then another swing down. That is how i am looking at it.... So it needs another bottom in few days/wks. We will see....