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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?

To: the-phoenix who wrote (360)2/14/2003 4:49:15 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
Seems a lot of folks on SI were surprised by today's rally. Well, we weren't, were we?

However, next week is another story. I would guess some more upside, then some retesting of these reversal zones. But I am going on vacation and I won't be here to watch it. Good luck to all of us.



To: the-phoenix who wrote (360)2/16/2003 7:11:50 PM
From: the-phoenix  Respond to of 941
 
Just wanted to post this chart as well, showing the fibonacci support here that we have in time, as well as in price:

share.esignal.com

This is basically showing the major fibs of the 55 day cycle, starting from the July lows. Suggests a turn here, coinciding with the turns suggested by price. A couple more days down before a turn back up is a possibility, of course.


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