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Fibonacci Arcs NASDAQ Composite [Higher high / Lower low]

Fibonacci Arcs are percentage arcs based on the distance between major price highs and price lows. Therefore, with a major high, major low distance of 100 units, the 31.8% Fibonacci Arc would be a 31.8 unit semi-circle. http://twitpic.com/p92gv/full (chart) Bigger Look: http://twitpic.com/p8tm5

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Short E-mini S&P 500 Over 1,100.00
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