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Monday, November 23, 2009

Lines in the Sand

So far, .9100 was well guarded. If/when there's a pullback, it would be nice to see .9150 and/or .9200 behave similarly.

The daily & weekly charts show what seems to be a nice clean bounce from their trendline/MA support. There was much skepticism regarding the risk trade last week, so hopefully some dry powder is out there to keep the bids coming...

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Interesting ACM gadget