Tr8dingN3rd

IEF - Resistance all over the place

Short
AMEX:IEF   None
Since the last try, price fell out of the Fork.
The PinBar is the test of the L-MLH, which is very common when
price fall out of the Forks. Additionaly last Month was a perfect
low close and a Bar Pattern, knowing as "PinBar" (Pinochios Nose ;-) ).

Support comes from the TL...which IMO is too obvious...to hold.

P!
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