Fannie Mae
Long

FNMA Daily bouncing off demand level

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FNMA bouncing off significant demand level as noted on earlier post

This is an update to an earlier post, where a possible reversal was noted but that pattern failed, however the significant demand level noted then held and is reacting strongly in the last week

Path of least resistance is higher... although we will likely get some resistance i the next few days with a support resistance level not far above

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