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Night_Trader
Apr 17, 2013 6:33 PM

$IWM Experiment with new projection tool...be careful! Short

iShares Russell 2000 ETFArca

Description

A little adventure with a new tool: So please be very careful with this one !!

The projection of the last 2 larger declines of the past projected from the last high correspond very well with actual support and resistance lines. So if history repeats itself there are 3 corresponding short tagets ahead.
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