Thursday, August 9, 2007

Though Last Night's Market Drop was Huge, We Are Actually Still Within Leg 2 of Bear Break, on the SWING Chart

My SWING Chart above...Though PRICE is still within the given range of Leg 2 of Bear Break (SWING Chart), we have to allow the possibility of PRICE piercing through last PRIME Support at 1432.25, and completely invalidating Leg 1 of Bear Break (PRIME HH), on the SWING Chart.

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