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Saturday, September 07, 2013 10:42:02 AM
NU 4 Hour Chart
Looks like we're targeting the .81 area here at the 88.6 retrace. That lines up nicely with a previous price action peak as well.
The TDI pattern suggests that this rally is only a counter trend bounce overall and will lead to another sell off that will not only close the gap at the bottom but will break the larger bottom trend line and send NU into the abyss.
Looks like we're targeting the .81 area here at the 88.6 retrace. That lines up nicely with a previous price action peak as well.
The TDI pattern suggests that this rally is only a counter trend bounce overall and will lead to another sell off that will not only close the gap at the bottom but will break the larger bottom trend line and send NU into the abyss.
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