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Tuesday, October 26, 2010

E-minis

Lower low overnight
Yen unable to hold newly-won breakout level.  The pattern could be terminal as we had the breakout from a triangle. Dollar 15 year low versus Yen
Australian dollar, 5 waves up and a required new high - check.
Palladium
Sugar. And this is but a one year look at things. Who can blame the CFTC for complaining about the HFT run amok? What producer can adequately plan ahead or hedge with a chart like this?  Answer: You cannot.
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