Wednesday, August 11, 2010 4:50:05 PM
What chart are you looking at? I don't post stuff just to say it.. I post what I can point to as evidence. A similar situation happened on Aug 4th - 5th.. I said then that technicals would need to reverse and that we would need a confirmation candle for it to be a real reversal (I think I posted an annotated chart with this). The technicals are worse now than they were then... and it needs similar things to happen for this to be a real reversal.
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