Thursday, December 30, 2010

12/30 11:30

The first sign of a stock sellof would be a 30-minute close 1249.25 March SP futures.  Critical support broken below 11,415. 
Dollar has to be counted as 3 waves into a building triangle.  It hit daily M/A support so the low should hold.
Gold is breaking hourly M/As.  Silver has to break 30.50 to consider a downtrend in motion.
Crude short was closed at 89.375 for almost $2 profit.

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