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Friday 29 November 2013

S&P 500 Analysis

Not safe to trade today as we know stocks might break down anytime despite uptrend

S&P 500 broke above 1810 but started dropping very early today after breaking slightly above resistance @ 1813 at 10:36am EST
It also dropped sharply 30 minutes before it closed slightly below 1807 at 1pm EST

Watch these prices on Monday, 1810 might become an important support/resistance



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