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Strategies & Market Trends : Harmonic Trading with The Phoenix
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To: Jorj X Mckie who wrote (568)5/1/2003 6:44:28 AM
From: the-phoenix   of 941
 
JXM: In the Watch List I posted a target of 99.5 for the Dollar, which is the mechanical target based on .618 retrace of the CD leg.

(Regular readers of DDD know that the targets for each setup are posted in the Watch List.)

Fundamentally, my longer term view is that the 96 level will probably be taken out later this year, after a bounce first.
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