This retracement support also corresponds to the chart support from the latter part of August.
This is old chart support and will be target and magnet for bearish traders.
This corresponds to the chart support, as well as the 38.2 and 50% retracement support levels.
As for support, watch the 78.12 level first and then the chart support (line b) at 73.50.
The rising 20-day EMA is at 8821 with further chart support at 8674-8740.
Bulls have faded badly recently and near-term chart damage has been inflicted as key chart support levels were breached Monday.
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Given the oversold reading of the RSI3, a break of the key chart support (line a) may be followed by a rebound.
Technically, February gold futures bulls have faded badly recently and near-term chart damage has been inflicted as key chart support levels were breached Monday.
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April Comex futures prices dropped back below the key 200-day moving average and fell below important near-term chart support that triggered sell stop orders.
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There is next chart support now at 8840-50 with more important in the 8719 area and the early 2011 highs, which is 1.8% below current levels.
Right now, SPX 20-day historical volatility is just over 8.4, which would suggest the VIX is relatively high, even as it trades at chart support and may be considered relatively low by most portfolio managers.
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The low also tested the converging chart and trend line support, lines e and f.
The weekly chart shows that key support (line g) going back to 2010 was tested in August.
The chart shows that key support (line a) has not been broken, and so far the selling does not appear to have been that heavy.
On its chart, the stock found support at its key 200-day moving average, and made a big-volume jump after the strong report.
The potential double top formation, points 1 and 2, is quite clear on the daily chart as is the key support at line a.
The chart-watching crowd apparently has some support for prices heading lower in the near-term.
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The support on the % change chart, line a, was broken a week earlier (line 1) as the gain for the year fell below 9%.
They determine this by looking at a complex set of lines overlaid onto a stock chart, such as moving averages, support lines, volume activity, etc.
Meanwhile, one of Bieber's support acts - fellow Canadian chart-topper Carly Rae Jepsen - has pulled out of a concert for the Boy Scouts of America because of the organisation's ban on gay members.
Recent opinion polls have shown a clear margin of support for Danish entry (see chart).
As long as WPRT trends above support as marked on the above chart, I can only see blue skies in their future.
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Lastly, the chart popped back above 200-week moving average support, and all of this happened on the biggest volume since the August closing low.
But Mr Broadbent pulls together some striking evidence in support, including this wild and wacky chart (below) which looks like an electrical experiment gone wrong, but actually shows the movement of output across 81 sectors of the economy since the late 1990s.
But their numbers have grown so quickly (see chart) that any plausible presidential candidate must court their support.
The Hong Kong Hang Seng Index had a rough week, down 7.9%, and as the chart shows, the long term 50% Fibonacci support was broken.
The hourly chart for GLD allows us to zero in on the key support levels to watch.
Fresh chart damage was inflicted Wednesday as prices dropped below a key support level at the November low.
Chart Analysis : The weekly chart of Molycorp ( MCP) shows the break of major support, line a, last September.
As you can see in the chart posted below, ESS has recently pushed through trend line support and is now starting to consolidate the thrust.
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