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Aug 27

TECHNICAL ANALYSIS BY NSFX 27.08.2013

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Long black candle today for the German index.  The 240 points of trading range are functioning like a spring. When the DAX30 will break on either side is very likely to see a change of speed of price and then longer candles. Just above 8362 is possible to be optimist for a breakout in the uspside and then reach 8461 and then 8523. Bearish forces will switch in area 8200

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