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What I am saying is that the rise from 7280 to the high at 7424...

  1. 2,829 Posts.
    What I am saying is that the rise from 7280 to the high at 7424 looks suspiciously like the first leg of a measured move.

    I am going to short the retest of the 7424 area, but

    if 7424 is broken then the next leg up could easily be another 144 points.


    and at the moment that looks like a bullish descending wedge forming on the 10m
 
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