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  DAILY FEATURED CHART  013103

1/31/03 5 min. chart by Brach. Price climbed all day. Then reversed with power.  CATCH A FALLING KNIFE ? not really. What stopped it? Just another calculated predictable fib support area for Brach  along with 4 more reasons. Additonally, 848 was also the Floor Pivot for the day, bottom candle was a Dragonfly Doji, and the 3 bottom candles comprise a MSL, market structure low. 

 

 

 

 

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