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Hi James..........
My Reco Post from 9/1/03 below.............
The 1.0900 basis will be the decisive measurement for either the resumption of the Move North......or will constitute a Short Term
Failure Swing for the resumption of the decline.
A move through the 100 Day MA at....Daily Time Frame...with a break of 1.0900....would negate...short term the North Move.
If market powers up at the 1.0900 basis...Positioning for the maxiumum Range Move of the Rally needs low/low mid 1.09 Entries.
Long Term Trend is still Down..........But the North positioning at low/low mid 1.09 basis for a High Percentile Range of the Move was solid... 28 days later.
Best Regards,
Iris
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