Getting close to a buy situation. The 60 minute is below 1.0, the 120 hour stochastic is at 3.05. Note the spread between the 60 - 120 minute charts lower band is now 1449 to 1435? Solid support is now at 1435. Odds are good we will see a lower dip toward the 1440 level either today or early Wednesday. That should be the best spot for a long set up. CAUTION, since we are still in the 1998 drop of 20% pattern should 1431 be traded below this week we could drop to much lower lows so caution is advised.
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