Monday, August 8, 2011

Failure or ripper

We have a failure pattern up here. If it is offset, then we can rip another 10+ to the upside. If not, we can make a test towards the lows, but there are a lot of Fibs to get through

Support levels from the Fibs:

1170.25
1168.25
1165.75 (line in the sand) If we break that we can look for a full retracement to the lows

tiny

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