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Thursday, September 14, 2006

A Nice Long term Triangle forming

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570 - 574 we targetted earlier, But didnt expect NY would give a Drop Down Push, However NY liquidity Power remains Solid among Asian side, Asia was moving the prices nicely upwards, looks like Asia wants to push price up, but NY falls it down, We shall see today the reaction from NY.

If you see a Nice long term Triangle Forming, which is Wonderful.

And as we mentioned we will see Range Bound trading, it appears the same currently.

Next week FOMC away from the Path, Opens the roads and channels for a Nice drive upwards.

We shall see how Europe and NY reacts, and focusing on Datas today.

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