$ Index, Have to Take What the Market Gives....

 03.07.2008 04:25   actionforex.com

Nearer term, the market is chopping just above support at the base of the multi-month channel (currently at 71.90/05, also a 62% retracement from the March low at 70.70, see daily chart/2nd chart below). Though an eventual downside break is favored, further declines may be limited (at least for the...

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