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Mood!

Wednesday, November 4, 2009

Leaders

In this rally from March 09 the leading indices have been the NASDAQ (USA) and the DAX (GERMANY)

BOTH of these have broken their rising trends in last few days..KEY now is what happens next...

A.  FALSE BREAK...prices recover enough to "get back" in the uptrend channel

B.  Prices recover and "Test" the underside of the broken trend, and THEN continue fall

C.  NO recovery from here, prices fall until next SUPPORT level

We should know soon enough!!

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