today, another failure from a gap-up open. It seems to me
that it has tested this SPX area 4 times already in recent days.
Usually if it takes more than three tests it will cut through
support, no?
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Reversal
Posted by PA on 24th of Jun 2011 at 12:57 pm
today, another failure from a gap-up open. It seems to me that it has tested this SPX area 4 times already in recent days. Usually if it takes more than three tests it will cut through support, no?