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90.5
87.5
84.5
were anywhere even close.
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61.8
1.4
will start imminently. Oh dear, now we shall be
1.38
watching for 9 and 26-week moving averages to
50.0
1.36
cross to bullish setting up for a break through
1.34 the very thin weekly Ichimoku ‘cloud’ mid-
38.2
1.32 September. If not this week then this month we
1.3 favour another nudge higher to the 50%
1.28 retracement level and the point we were at late
1.26
April before the slide. Price action on the way
1.24
down from there is seen as an ‘extension’ which
has been understandably reversed. Note that
1.22
one-month at-the-money implied volatility
remains at its long term mean at 10.40%.
1.2
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