MARKET SYMMETRY
The Chart above shows a channel between the 2 descending GREEN lines
Upper left at 1344, and LOWER right possible at 1279
1344- 30=1294
rebound to 1308 which was about a 50% retrace
1308 - 1286 = 12 pts --- 12/30 - 40% or near fibo 38.2%
1308 - 30= 1279
From 1279, we can then get a recovery back to 1315 at the upper right of the chart
36 pts gain = 78 %
36/46 = 78%
Jay
3 comments:
BGZ FP 62.41
WOW!!
Japanese stock market!
CRASH
IAEA: Told by Japan spent fuel storage pond at reactor on fire, radioactivity released into atmosphere
Written by Gerry Davies
March 15, 2011 at 06:31 GMT
Dose rates up to 400 millisivert per hour reported at site
Fire possibly caused by hydrogen explosion
Explosion at NO2 reactor occurred at 06:20 local Japan time
Reactor operator:
Resumed pouring seawater into Fukushima Daiichi NO3 reactor
Confirms fire put out at Fukushima Daiichi NO4 reactor
Pressure at suppression chamber at Daiichi NO2 reactor down after explosion
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