Yesterday I mentioned that whatever happened we would see the 50% fib (Mar09 lows to April10 highs) again at some point in the near future (backtest).. well we just hit it & I'm not so sure that it's such a good thing as the backtest target has now been hit. Too fast for my liking. They always backtest levels like that & sometimes take a while to get back to them IMO
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- daytrades august 9 afternoon