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Thursday, April 25, 2024

Comment by Phil

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  1. Phil

    So, for the day, we failed to take back the 1,986 strong bounce and, for the week, we now use 2,005 to 1,980, so 25-points down means 1,985 is weak and 1,990 is strong on Monday.  Generally, you want to take back daily-calculated 5% Rule Bounce Lines weak by day one and strong by day two or you assume more downside to come.  

    You're welcome Wombat.  



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