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Re: Sep Cocoa



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>Here is my chart work on this:
>
>You can place your stops below the line and reverse
>if they close below in the next few days.


This looks like a simple "pichfork" using the
points

Apr 16 low
May 15 high
Jul 15 low    ??

However, with the lines extended backwards in time it
gives the illusion that the market stopped at the lines
when in fact they are drawn with hindsight ???



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