2/12/09
It is 11:30am New York Time. The broader market indexe S&P is handing the last defense area (810-820) this whole morning. As shown on above chart, it just fell below the trendline but there are some bulls are trying fighting the bears. Will there enough buyers today to make the trend reverse?! Or are we heading toward next fib level downward. I am more toward the latter issue.
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