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Price and pivot continued trend and moved up again today closing on the
highs and above new pivot. Third day of higher high and higher low.
Price found support at pivot and resistance at R1. Daily OBSI reading
overbought. Second day far below average daily range trade signals range
expansion coming in next two trading sessions. Market trading in narrow
range in front of Thursday retail sales and Friday PPI reports. Good
trading,
JD
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