Price has reversed off the DS royal blue CL.
In this chart you can see the important horizontal purple/mauve fork from P1 (marked on this chart at '2'). The RL's from this fork are especially effective as they rise at 45°
Price (as yet) has not touched the purple mauve CL and has found good support consistently at 79.00 ( see below 2 smaller charts)
Monday, 3 January 2011
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