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Re: The PRIME DIRECTIVE ruled
In Response To: The PSYCH trade is setting up ()

a deposit is the objective so cut that pair loose @ 79.55 on a spur of the moment thought. Right or wrong for the close, I can relax and plan for fishing weather tomorrow. If the mid day low @ 78.90 gets taken out 78.00 becomes a marked target only to be saved by a potential support line forming at 78.50. I have to remind myself there's a potential target in the sighting cross hairs begging to be marked @ 77.50 for a 3rd Time & Price squaring. The 2nd T & P squaring was yesterday @ 88.15 for just a slight kiss to give the sell off a total drop from mid Nov 93.12 high a total drop of 14.97. That is a qualifier but the $5 range addiction usually demand a full $5.

So, 78.85 sell stops will get a look for south end fishing line plans tomorrow. The north end fishing lines are almost too obvious @ 79.90 which could prove to be sucker fish with hurdles @ 88.00-88.175 that may prove to be BRICK WALLS needing several hits to tear down. Many times the market has to go down first to get the bounce energy to break through those walls. Tomorrow could play out today volatility, only on dual personality steroids. Track shoes may be a necessity.

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The PSYCH trade is setting up
Re: The PRIME DIRECTIVE ruled