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Post# of 18894
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bbgold

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Re: RCKS post# 18834

Wednesday, 02/22/2012 1:21:23 AM

Wednesday, February 22, 2012 1:21:23 AM

Post# of 18894
Market steps still in place, for now
Markets have been liking the stepped support/resistance levels with multiple tests 1337/1340 so any breakdown at 1357.5/1355 would be a sign of a possible rollover imo. Trendline there is definitely something to watch for any breakdown at 1357 changing to resistance. Much as the Indexpulse would watch for a breakdown of the 100SMA back to resistance I would watch your trendline for breakdown to resistance also. Whether the Markets have enough News left in them to stay up here is doubtful to me, jmho. I expected OEX to be down except the last 2 days rallied. I am still looking for a pullback to mid March, we shall see.
Have a Wonderful Wednesday!

Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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