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NAE Chart, page-762

  1. 3,482 Posts.
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    Technically speaking, all indicators are bearish - in fact, most indicators are still saying it is still overbought... which is surprising.

    The only positive I can find is that we are sitting right on previous resistance (red dotted line), really needs to hold and turn into support. If we don't hold here tomorrow we could be in trouble - could be back to the .018 - .027 trading range. Will need to wait until tomorrow for any form of confirmation.

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NAE (ASX) Chart
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