AI
Sunday, January 30, 2011 11:47:35 PM
IBM: W1(green) = w3 (yellow). Therefore, their respective extensions will have confluent values. It happened that IBM reversed at the 78% confluence - an important level on my charts. I marked it as a top of w5(yellow) and W5(green). If correct, this means that a new downtrend has started for IBM.
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