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Jamie’s Pick: 02/07/12

By Jamie Saettele, CMT, Sr. Technical Strategist
07 February 2012 13:39 GMT

With the potential for intervention, bullish price action piques my interest. The rally from the 2/2 low is an impulse therefore longs are favored on pullbacks into support between 7635/50. Risk on longs is minimal at 7600 (under 2/1 low).

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07 February 2012 13:39 GMT