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Price moved up today closing above daily pivot and below new weekly.
Pivot and stoch moved higher. Weekly OBSI oversold, daily overbought.
Price found support at yesterday's S1 and resistance at R2. Substantial
buying showed up Friday and reported Asian central bank buying as
prices moved lower after the employment report surprising many market
participants and triggering some short covering. Trading was confined
within the last 4 days recent sideways range. Stoch has been pegged at
oversold readings for 5 trading days. Look for breakout of range for new
direction. Good Trading
JD
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