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Sunday 13 November 2011

China has to decide soon where to go

Taking a look on the long term chart...China will soon make a move out of the triangle either to the up or downside. However, in the short term there is still room for about 10% up until they have to make up their mind. I'd bet on an upside move. Russia btw looks similar. Since Russia is linked to the oil price they will make a move to the upside too.

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