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Monday 17 June 2013

Buy S&P 500 around 1643- invalid

Unfortunately S&P 500 couldn't break above 1643 before 10:30am EDT as it lingered there for quite a while
So, trade shouldn't be made as it did not met our scenario

Not quite safe to trade after 10:30am even when it broke above 1643 & reached 1646 at 11:14am as it came back down to 1642
It tried but it looks like it doesn't have enough strength to hold above 1643 for now

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