Indecies Update (20 August 2009)
The follow through never came in, but instead we had a 180 turn. There are a few more resistance levels to take out, but I think the probabilities of taking out the resent highs are higher now. I will make an update the soonest we get confirmation of a direction. This is why we use technical analysis; it keeps the reality of the market in our face. This is the only way to minimize loses and maximize profits.
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