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Friday, 11 October 2013

Breaking news: debt limit hike, end to shutdown

Breaking news: House GOP offers debt limit hike, end to shutdown in package with spending cuts
Although Obama has not accepted the offer, stock market spiked up
Buying S&P 500 @ 1694 according to our previous signal should be enough as the market might plunge if Obama rejects it again
A higher risk trade would be buying below 1700 again, hoping that it'll reach 1700, but not recommended due to lack of supports

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