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[NAV]

Today is the third and perhaps the final gapdown i.e the exhaustion gap of this downleg. I will try to probe the long side today. ES 1465-70 region is a major support and i doubt it gets cracked today. My hourly model still remains on a sell, after a breif countertrend buy 2 days back. Today has the best potential for a hourly buy to be generated. But that's just my opinion. Now let the market speak.... P.S - I am asuming there will be a gap-down. If there is no gap-down, i will be looking to short the market.

Edited by NAV, 27 July 2007 - 07:44 AM.