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pennies2007

02/16/16 3:34 PM

#136103 RE: Heavyweight #136102

The previous two 4 hour candles were major bearish. Normally, we see anywhere from 3 to 5 candles to complete the FE 61.8 sequence. This is just another minor consolidation point with a maximum high of 163.05 worse case.

Still have a feeling we're gonna nail that FE 61.8 before the trading day is done.