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Northwest Iowa | I appreciate JC posting. I am not learned enough on Andrews/forks to critique. I know enough that, mostly, this theory is price only and does not have a time consideration. I could be wrong. Again, with limited knowledge, I'd probably expect to see a steeper angle to work with. Take a look at a horizontal line across at 4.61 . Median line coming up, too but there is resistance at the old highs. The market has stopped there several times. I'm not sure why that number was a key pivot. | |
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The Chart
