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JOY Forecast 3/22/16

 

Joy Global (NYSE:JOY) failed to trade down into the green zone, and as a result never “set up”. Had we taken entry, now the bullish power has shifted to the point where we would be taking what profits we had, so perhaps we will get a second chance to enter JOY at sometime in the future. For now, this trade is considered closed without any entry taken.