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Monday 28 October 2013

Stock Market Analysis

S&P 500 dropped from 1760 as it might be too high but possible to go higher
S&P Futures is still testing 1754, wavering around it
Apple also dropped from 530, following S&P 500's drop

Conclusion: 1760 might just be temporary resistance, economic data looks good, market is still uncertain, wait for more data @ 10am EDT, look to buy S&P 500 if it stays above, for 30 minutes expiration

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