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S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,131.60
(
-0.23%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.29
(
-0.22%
)
Bitcoin
61,116.97
(
0.50%
)
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silencedogood2011

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silencedogood2011

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Friday, 06/13/2014 1:07:39 PM

Friday, June 13, 2014 1:07:39 PM

Post# of 364430
If NFLX does not reach 426 by EOD, watch for a pullback to the 400-412 area next week. Reasoning is, the 9 day leading indicator on the ichimoku was the support for NFLX, now it is resistance. The 26 day trailing indicator sits at 375, meaning that NFLX has a 33% possibility of a 50% retrace between the 9 day leading and 26 day trailing, and a 47% probability of a 35% retrace between the two. Only the prior weeks pivot point showing 415, and the 20Dma at 407 has support for NFLX.

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