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TraderGash

10/10/13 12:22 PM

#8505 RE: detearing #8503

Well I suppose it depends on the timeframe. I trade off the daily charts, and all I can see is a continuous down-trend since the start of September. Price has not yet climbed above yesterday's high, so no need for longs to get excited yet.
Disclosure - small short position. The trend is your friend until it bends at the end!