Opening sell-off, that's three in a row for the DOW. YM find support at 61.8% February (12658). Given that it was also ES' S1, should the ADVDEC lines not deteriorate further, bulls have a chance of holding the fort here. Yields have dropped below 4.7%, the only concern at this point is crude. YM needs to get back above 12680, 20 DMA.
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on Friday, February 23, 2007 at 2/23/2007 10:05:00 AM.
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2/23/07 10:28 AMLooks like waves of distribution.
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