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Wednesday, November 07, 2012

Before and After

E-Day's relief rally didn't last long...


A break and hold below 13000 on YM, 1400 on ES, and 800 on TF would confirm a "Head & Shoulders" pattern, with the neckline at these levels. The downside targets would be 12400 on YM, 1330 on ES, and 735 on TF.