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Originally Posted by winner69
Well percy ....the gap to the MA200 must be shrinking by the day
Do I hope ....hope can be a strategy ........hoping like buggery but I fear tomorrow or Friday is the day to say farewell
But 650 will be a good re entry
We are certainly living in interesting times.The EMA has moved up to $8.00 and the SMA to $8.12, while the SP has fallen to $8.20,so the gap is quickly narrowing.
Now comes the interesting times.! Will the SP go through the 200 EMA,and stay under it,or will it go through it and then rise above it in the not to distant future ?We will have to watch and see. Great excitement!
Either the up trend will be confirmed over,or it "rise from the dead" and continue its merry way.
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