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Written by Administrator
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Thursday, 28 February 2008 21:52 |
Intraday Forecasts  You get short, clear forecasts of the market’s direction as often as market action warrants. For some markets (currencies and S&P futures, for example), you get updates 24 hours a day, often with short-term charts. And, you get precise support and resistance points so you always stay in control of your position risk. Sampling of comments from Intraday Forecasts. We've added the graph so you can see what the market was doing as each comment was posted.  A ******************* (Intraday) Posted On: *************************** Trade must stay under 1145 to confirm the trend is down. Additional support is 1141. B Posted On: *************************** Looking toward the 1131.50 area to stop this decline. C Posted On: *************************** We are watching the 1130 mark as it is equality for a corrective zigzag. Losses under 1130.00 point to 1127.50 where last chance support resides prior to the 1121 and then the 1113 levels. D Posted On: *************************** Prices are rallying off the 1130, burt il would take a move back over 1137.75 to convince us the down move is complete. E Posted On: *************************** 1132.00 should hold support if a key pivot low has already been struck. F Posted On: *************************** Caution is advised as the last decline occurred under diverged conditions with a potential five-waves down. Next important support levels to watch under 1127.50 are 1123 and 1121. G Posted On: *************************** A small consolidation around the 1127/28 area could be an internal fourfh-wave of five down suggesting one pop lower could. complete this drop for now. G Posted On: *************************** Trade over 1129 would suggest the downside is over for today. Important resistance is now at 1135/1136 
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Last Updated ( Thursday, 28 February 2008 21:56 )
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