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07 Dec
Posted by Sensei @ 11:53 pm on Sunday, December 7th, 2008 in Technical Analysis
Short term charts show inverted head and shoulder patterns. I had these setup for Friday, but just getting to posting them now. These are 30 minute charts, which is a short timeframe and in the grand scheme of things does not change the overall bear market. The only bullish item it does suggest is that if price breaks the neckline then there should be continuation in the short term maybe 1-4 weeks.
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