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Oh So Close!
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Oh So Close!

Oh So Close!

by MoleSeptember 17, 2009

Anna Mall here

Just wanted to do an updated Fibanocci chart on SPY, I had mentioned a few days ago we would see around the 1068-1070 area before getting some retracement. We we are right on the brink.  This chart show that the spy high is 107.32 and it appears we have a few more ticks or might have topped out short term…

🙂 Now wouldn’t that be nice!! I think we have all be beaten up with this tape having gone so long without even a correction.  Any of you that have some great charts on GLD or $DXY send them to me @ Annamallgirl@gmail.com  thanks and have a great day! 🙂

SPY Fibanocci Levels

SPY Fibanocci Levels

Update: keep an eye on Apple it has broken resistance and is a barometer for the market pig! LOL

Also the $DXY has rolled over, We should see 1080 by Friday’s OPX

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About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.