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Wednesday, 9 October 2013

Buy S&P 500 @ 1650, Sell @ 1660

Buy S&P 500 around 1650 for 30 minutes expiration if it stays above
Sell S&P 500 around 1658 or 1660 (stronger resistance) for 30 minutes expiration if it stays below

Risks: Support @ 1650 is weak, it broke below 1650 & rebounded @ 1646.7
Resistance @ 1658-1660 is stronger but trend changed, it's still possible to stay below if resistance is strong enough

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