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Tuesday 29 October 2013

Stock Market Analysis

S&P 500 broke below 1765 then above 1768, 1770 inconsistently & went up to 1772.01
Trading will continue to be at a higher risk tomorrow as stocks are overbought but the market is still going higher & might possibly crash soon because of weak supports
It is also not following supports & resistances accurately anymore
Trade less or none at all tomorrow as FOMC statement will also increase risk & volatility

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