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The Probability of a Flat Moving Average Breaking Out
"We have clear power from underneath because we're making higher lows right and if we take a look down at the volume area you can see that we've got it's similar," he says. "Tomorrow what the traders are going to be thinking about is can i hold this or am i going to give some back now" 'The probability of something behaving right near those lines is much higher than it behaving to the 50 right' "-and so on the upside 43 but what i expect is a blow off top here that rises and then fades'"