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Mood!

Thursday, March 26, 2009

FTSE CHART


Looks like critical junction ...

Red descending trendline should give some resistance..BUT a break through here gets us back into that congestion zone.. upper boundary 4330

then strong resistance at 4685..

A break below the current up trend we may see test of lows..higher low?

Note stochs are overbought....but can remain so if we get more up trend..wait for break either way...

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