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Old 04-08-2008, 12:29 PM
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Re: Using Daily Support/Resistance for Intraday Trading

Nice bounce off support on the 15min, and if we were to close the final candle right now it could be a spinning top. If we break resistance we could have a nice double bottom. CL is a volatile contract, so a move like this wouldn't surprise me. It also wouldn't surprise me if it didn't happen

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