looking ugly now. XJO broken through your 4940 line in the sand....

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    looking ugly now. XJO broken through your 4940 line in the sand. the 1 minute chart not looking encouraging. 4900 provide a bounce twice already today each weaker than the last and now heading back down for the 3rd time after a rd lower peak. Are we about to head to the next level down ??
 
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