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Re: Levels for YM, Jan. 8, 2007
Very whipsaw environment today with decent intraday swings. Markets test the 12405 mark (just shy of 12400) below value to find NICE volume. It went on to lift into value and a last hour push out of value.
Lets go over the levels.
12405 was dead low
12425 - 12430: no longer key here
12470: markets broke through it with ease
12515-12520: dead high for the day
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James Lee
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