from what i can see the bulls have definitely not given up.. despite the breach of support on most indexes last night, it doesn't look like they are going to give in without a fight... maybe that capitulation is yet to come but atm a rally to regain those support levels might be just as likely.. its at the old supports that the issues might be determined.. for ftse, 6400 approx.. spi 6560 roughly.. it will probably take dow to rally before those levels are seen but other markets are signalling they can if the dow can...
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thrashed thursday night, page-43
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