A bounce today..but also near exponential resistance as well as 50% retrace of down move so far..,.The thick diagonal trendlines are generated off of the run from July '06 to the October top while the smaller trendlines forming in an almost vertical fashion are the exponential trendlines created by the March to May, recent rally..Having extended them out (or in this case, down steeply and slightly to the right)they seem to intersect in late July '08 (on a slightly differnt chart), agreeing with the intersection of nodes in the earlier post...
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