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Thursday, May 6, 2010

Bullish Reversal On The Card !

The price action today was exactly what I have hoped for. The intra-day low touches the gold color trendline and Fibo 61.8% ( 2,813 - closed enough to 2,810 ). Well, the large hammer candlestick is textbook perfect of a bullish reversal. I will be very surprise if it turns out to be otherwise !