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Compression Tactics on the TF on 11/21/12
Friday, November 23, 2012 14:32
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I’ll be watching this 5 min (market hours only) chart of the TF going forward. So far, today’s (Wednesday’s) “compression” tactics (price action within the blue boxes) have held price up, mostly within the upper one-half of this 3-day channel.
To put things into perspective, here’s a shot showing last Friday’s double-dip and rally, followed by…
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2012-11-23 14:20:32
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