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[ogm]

First of all, MER 60 min chart. Keep in mind its a 9 P/E stock at this point.

The other 2 charts are NYX charts. NDAQ charts look almost identical in their setups on 60 min and daily.

Now the weekly charts are suspect quite a bit. But at this point the probabilties of an upward move are high.

Though looking at weekly chart, I won't exclue the possibility that I'm catchifalling knives here. But I'm long all 3 going into the Fed. Stops at new lows.