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S&P 500 Futures Flirting With 1300 Price Pyschology

Wednesday, 11. January 2006

The last 6 sessions have been a free run for the bulls. No significant pull 
backs or support established before another push up to the pyschological barrier at 1300. While there is an abundance of buying, the chart is still at an extreme which means a pull back is likely. We will again wait for support before we buy.


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