2006012 Close: Interesting patterns forming on the daily candlestick today. Seems that sellers are in control. In a bull phase, inevitable bouts of profit taking will occur, and since tomorrow is a Friday, expectations would be for some more position squaring and adjustment. For the bull to remain healthy, it is best to stay above the moving average on a closing basis while remaining above the support levels (red horizontal lines). Some of my observations anyway.




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