Homework for Thursday 2009.01.14

14. January 2009
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ES - Boy was I wrong!  When the market is very near an important level, the market will either bounce off it or break hard through it.  I forgot about the latter option!  Looks like down we go!  As you can see, there are some big levels on the way down.

 

6E - The Euro.  Still floating downard within the decending wedge.  I'm seeing some big support at 1.3038 and at 1.3000 area. 

Homework

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