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Friday 30 August 2013

Stock Market Analysis

Today is the end of the week as well as end of the month
Trade less or not trade at all as the market is still mixed & might get volatile
If it repeats the pattern of last two days, closing at 1635 & 1638, it will close around 1641 today
But it doesn't seem like the case for now as stocks dropped after weak economic news
S&P 500 might rebound around 1630 or break below

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