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Down Trend Monday Wrap Up
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Down Trend Monday Wrap Up

Down Trend Monday Wrap Up

by The MoleOctober 17, 2011

Today’s session was another great example of a down trend day:

I think the Zero was rather clear about pointing downward for most of the day. That last little spike EOD was interesting and it’s possible that some buyers were testing the water temperature. Let’s watch the tape after hours to see if it’s real or if we continue lower to our T2 target area.

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Cheers,

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About The Author
The 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 the usual social media waterholes.
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