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Bounce Over?

November 4th, 2009 at 1:40pm · No Comments

Yesterday’s “Bounce Potential” update for Premium Subscribers stated; “…The upper channel on the 60 minute chart is at 1058, which looks like a logical short-term target for a rally now.”  Today’s high in the eMini futures is 1057.50, and prices have now turned back down. It pays to pay attention to the channel levels!

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Tags: General Market Commentary · S&P 500

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