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Saturday, August 1, 2009

RM SEED

 RMseed (AUG)

As expected market found strong resistance closer to 545 levels and moved lower. Strong sell off pushed the prices below the trend reversal level thus changing the current uptrend. We look to sell this market on a pullback.

Short Term Trend-up

Next Target-Netural

Trend Reversel-515

Posted by appleadvisory at 8/01/2009 12:59:00 AM

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