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Wednesday, November 23, 2011


Red horizontal line is where Sunday night's gap down is. Futures are solidly under that support.  I was still kind of expecting a test of that area - now turned resistance.
But first things first. Futures need to break the downtrend line to have a chance at rallying back toward the resistance.  There is possibly some positive divergence developing on the MACD signal lines on the hourly.
At any rate good luck today!

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