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Monday, July 07, 2014 4:49:45 PM
Looking at the chsrts I see:
a) it closed the gap from last week
b) it has also hit the fibonacci 76.4% retracement from April 15th - July 1st
Both could mean a bounce tomorrow - I'm long August 105 calls so definitely need it to go back up!
It did break the trendline from early June and may therefore continue down to the 20 DMA at around 90.
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