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3rd test of range high, so likely we'll see a breakout on the upside.
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pBAR Reading
Cyan line remains the target of algo. If SPY just broke out of an ascending triangle vertical blue line is the target.
Sorry chart is a little messy
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Last edited by FlowerGirl on Thu Jul 18, 2013 9:51 am, edited 1 time in total.
7:10 AM 7/18/2013
Greece's Parliament approved austerity measures needed to release funds for the country's next installment of bailout loans. 153 Greek lawmakers voted for and 140 voted against the measures which put thousands of state workers on notice for possible dismissal. Passage of the austerity measures were needed for Eurozone officials and the IMF to sign off on the next disbursements from a 240 billion euro bailout. http://www.barchart.com/newsletters/usmorningcall
Just imagine how that is going to go over. (riots?) Where will these people get jobs with so many unemployed already? It cuts their GDP numbers. If they had their own currency they could just print money and hire more workers. Bennie prints $80B for the banks each month - that's a lot of paychecks.
How many new millionaires would their be in the USA if all the stimulus money was distributed to the people as $1million gifts? Debt is up x trillions since 2009 divided by $1million = Y millionaires....
Educational only and not trading advice (EO&NTA) Good trading to all
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