Technical and fundamental are equally important. Yes technical trading can be like driving while looking in the rear view, but also like riding with your favorite race car driver who you watch regularly and know his style of driving if that makes any sense?
I do think this is the bottom, or very close. We may dance above and below the 50ma as we did before, but I think we start to take off next week for the most part. We could also consolidate and find support for a week as well before taking off. I would feel much better if we close above 9.47 today which I dont think will be any problem.
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