On 15-1-10, it has reached the point as predicted back then on 12-1-10. Now it is sitting on Fib 38% and bollinger band, supported with a 50 moving average. This is a significant support point. If it breaks this point and maintain broken at the end of the trading day, we would likely to see it moving towards Fib 50% or near there.
Monday, January 18, 2010
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