10.28.2012

Rebound imminent?

The low of last Friday was at 1403.28. Because this low almost satisfies the multi-supports:
Fib 50=1401.88
Lead Spand B=1399.96
Support Line (Blue)=1403.00,
A short-term rebound seems due, meanwhile the downside risk remains.
A bounce, if any, would target 1426.60-1433.70.



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