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And the trend went on

Posted, by thedowinlivingcolor on September 16th, 2010

As indicated in my last post, it was a key turnover day for the EURO(FX). It is now a move form the 1.2800 level and today it hit 1.3100. Of course, as indicated with the DOW, it also continued higher, though at best it's "slogging" higher(which is actually worrisome). CRUDE is also interesting in that it has initiated a DOWNTREND signal. The financials, as represented by Bank of America, finally intiated an UPTREND signal. 14.50 will be a resistance area. Specific analysis available at reasonable rates. thedowinlivingcolor@gmail.com

Authored by, thedowinlivingcolor
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