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Homework for Friday 2009.01.23

22. January 2009
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ES - I'm unsure how much we will actually rally before falling.  I don't feel like it will be very much.  The 824-825 area may be it.

 

 

 

6E - Below is a daily chart of the Euro.  Looks like today's range was exactly a 45° move.  When the next day's bar forms, the descending trendline will be around 1.3030.

 

 

 

Homework