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10 REPLIES 10
Rams
Super Contributor
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Ninja
Super Contributor
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Is there a possibility that the ALSI gaps when trading resumes?
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Ninja
Super Contributor
Yes but which way....there is a gap above and below.....me thinks the gap below before the gap above
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Thanks ninja ...fingers crossed for the down gap to close today
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Closed my overnight short at 29390 then went long for what i think is just a quikie maybe to 29500 to 29550.Do not think we will see a gap close today but might be wrong.This run only a 38% retracement i think.Gap to close in wave 4 d up if triangle.
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Rams
Super Contributor
Support at 29360(wave B extreme on daily)....has been tested once today, if gets there and does not hold then could go down to 50% retrace at around 29000(wave A extreme)
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Rams
Super Contributor
Almost there
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Rams
Super Contributor
ALSI closed below 29360 yesterday.Tested 29360 again today and could not break thru...possible sell off to 29000 if trades thru this level.
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Fredsed
Super Contributor
Who is that on the telephone? Its S&P. What they say? May Day May Day.....
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