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Old 05-21-2008, 06:08 PM
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At this moment, price just bounce back and stop at my pivot line. If the new upper green trendline can stay as a strong resistance, we shall see another bearish continuation trend. I believed it just perform a corrective phase before another bearish continuation trend unless otherwise if there is any strong upwards movement to break the 204.70 later then we might consider to the alt count in white. Please be extra carefull since the chart getting more complicated and showing mix signal. Good luck.
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