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Sonicrsytem

Dow Jones Weekly Update (26/12/15)This index just failed to break 17030 level, which is the bad news for Bearish traders. Last week and next week, market will be pretty unreliable with the thin trading during the holiday week. I am Only Slightly Bearish on this pair as Bull and Bear have pretty even percentage of winning. And we had lots of Smart Money's possible heavy buying near 15800 level.. 17030 is pretty important support level, and it has to be broken down strongly to form Lower Low, while 17880 is the another important level (see arrow line), where Bear positions await. Resistant: 17880, 18050, 18270 Support: 17040, 16353, 15807
CBOT_MINI:YM1!
by SonicDeejay
USD/CAD Weekly Update (19/12/15)USD rate hike as expected, and now we are kinda in the different ball game now. In TA, I am seeing UC0.00% is being extended too fast too furious rise of this pair and it is obviously due for correction from 1.400x level. In Weekly TF, it was such as Bullish Bar, that means Bull are still in control, so Shortist have to be nimble and go with small lot as trend is not in your side just yet... 1. As long as the price is not above 1.415x 2. Better to bring trend on your side (Wait for PA becomes Bearish) 3. Sell with small lot as it is counter trend. We may see 1.341x again
by SonicDeejay
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