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 Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: rkchris who wrote (6299)8/25/2011 12:14:51 AM
From: rkchrisRead Replies (1) of 10472
 
sq rt of ES 1111.25 + 1 resquared is 1177.70 vs 1176.75, Wed's high print...
next ES short term target is 1188, which is the 382 retrace of the decline from 1367.50 to 1077 & also the 50% retrace of the adv from 1002.75 to 1373.50(formerly sppt, now resistance)...
1223.43 is the next major cyclic ratio sppt/restnc line, just + 1122.04, the 214 retrace off the adv from 665.75 to 1373.50(formerly sppt, now restnc)....
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