Daytrading September 14 afternoon, page-152

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    SYT chart - trying to make sense of the way it trades

    Falling wedge reversal has occurred / is occurring. The top blue line is the resistance that has been broken and is now support. The yellow line now needs to fall to make it a clean break. This afternoons action is making at pretty convincing. MACD turning positive, trading within Bollinger bands and the bands turning up. A clear break of 3.2 now is needed as confirmation.

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