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Monday 15 July 2013

Stock Market Analysis 15 July 2013

S&P 500 jumped to 1680 but only after 3:30pm EDT on Friday
Stocks look to go up again today due to earnings season
If Citigroup & retail sales reports positively, it will further boost investors' confidence
Negative reports might trigger a pullback to 1670
If it does, buy S&P 500 (double) at 1670 as it's a very strong support
Stocks should rebound & continue to go up even if a pullback occurs

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