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ICBU — Big downdraft reversing – If, Then… Market Timing

ICBU — Big downdraft reversing

By Rod David | March 25, 2014 - 1:52 pm

ICBU — Big downdraft reversing the morning”s probe to fresh highs, back into negative territory. Closing back above .17 would be very bullish. Closing under .165 would be vulnerable to extending down to .10 next. It”s likelier than not to hold, and likelier to have already finished its pullback. But I want to see obvious improvement within the next hour or else I would be flat and not long into the close.

Posted in Bigger Picture