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Friday, November 8, 2013

XLB update

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I don't know why I did not include the 1.618 projection in the monthly Harmonic Crab Pattern.It may be because of the 'B' being at .886. The High was .10 cents from 1.618 Target, But with a Crab it has 5 other fib Targets as high as 3.618. Being this is monthly chart  it  would probably be advisable to watch for a Candlestick Pattern here. (Bearish)

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