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970 is a confluence # in regards to the most recent major swing hi
and lows.
--- In realtraders@xxxxxxxxxxxxxxx, ketayun <ketayun@xxxx> wrote:
> Hi Ben,
>
> If it is proprietary info then please do not hesitate to say so.
>
> > My volume work which is extremely reliable is showing 969 as
next
> > target for a close
> > and if there is more down volume today then it will get lowered
>
> Yesterday's daily volume was less than the previous two days and
also
> less than down volume since June 6th. I can see the logic of the
support
> price but not how you would expect today's close to be 969 ish,
based
> on volume. I would think the volume would indicate a bullish day
today?
>
> Thanks,
>
> Kate
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