The index markets had an early morning continuation of yesterday afternoon's downtrend, the Russell opened lower and continued down through major support at 787.90.
First signal was at 6:57 long at 790.9 for -1.8. Second signal was a reversal of the first at 788.2 for +1.5. also the market broke major support here. Last signal was Long at 785.8 which also broke but failed to follow through -1.8.
Net of comms -2.1.
Yesterday's Long GBPUSD was closed at breakeven on a major reversal candle at 4:00 a.m.
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Thursday, January 18, 2007
Posted by Lord Tedders at 7:42 AM