minx
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Ok, I've been chopped a bit with these over the past few weeks. Is todays large rise a bounce and a continuation of our uptrend? It hasn't pulled back very far this time compared with previous pullbacks. It is supported by EMA, trend lines and the difficulty closing below the 25% FibLevel. I'm now considering changing from short to long (yes, ouch! 😱 ).
Also do the laws of symmetry mean that we should have another strong up day tomorrow to fill the large red bar on the 15/7/04 ???
Also do the laws of symmetry mean that we should have another strong up day tomorrow to fill the large red bar on the 15/7/04 ???