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Monday 1 July 2013

Trading Signals to watch (update)

Earlier we mentioned some signals to watch
However, if it breaks below those support points, do not buy yet
Specifically S&P 500, wait for it to go back up to 1620 & stay above it
More specifically, wait for it to bounce off 1620 & reach 1622-1623
Positive economic news should drive it to stay above 1620 today
If it doesn't, do not trade at all for today as it isn't safe anymore

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