
self explanatory chart...
if we are in next move down the target should be Nov lows first, and then 3500 which is a 78.6 % retrace of move up from 2003..:)
If so strategy is to sell any strong rallies...LONG positions ONLY for the nimble!!
Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
Great Blog! Love the charts - more please.
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