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Thursday, December 8, 2011

Update - End of Day 08 12 2011





We feared a 'failure by the Bulls' yesterday (see highlighted text below).. and right on cue, the Bears made that dash to the Fib 61x and are half way there.... staying below today's close the journey resumes tomorrow.. however if Bulls can keep it above today's close they should move the index back towards the 34 EMA.....