Friday, 7 January 2011

TNA

We got a high on the 90 td cycle and the pf median line resistance.Looks to me like 72 is key....it was the old high.Just as we had false break below 36 this could be false break over 72.Obviously this is the square of 144.Therefore a break of 72 would be a good change of trend indication.

Forgot to say we squared the range against 45 points,which adds to the significance (Dow was 1800)

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