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Friday, 11 October 2013

Sell JPM @ 52.55- invalid, Sell FB @ 49.5- invalid, Buy Amazon @ 308- won, Buy S&P 500 @ 1694- won

Sell JPM around 52.55 for 30 minutes expiration if it stays below
JPMorgan possible resistance @ 52.55

Sell FB around 49.5 for 30 minutes expiration if it stays below
Facebook possible resistance @ 49.5

Buy Amazon around 308 for 30 minutes expiration if it stays above
Amazon possible support @ 308

Buy S&P 500 around 1693.3 or 1694 for 30 minutes expiration if it stays above
S&P 500 rebounded @ 1691.49 but no safe supports found yet
Possible support @1693.3

Risks: All supports & resistances above are still weak, wait for them to be strengthened before trading

Results:
Sell JPM @ 52.55- invalid
JPM broke above 52.55 after a breaking news of a possible debt limit hike, end to shutdown



Sell FB @ 49.5- invalid
FB broke above 49.5 after the breaking news, just 2 minutes after we issued the signal at 11:34am EDT



Buy Amazon @ 308- won
Amazon expired @ 310.14 at 12pm EDT with the help of the breaking news



Buy S&P 500 @ 1694- won
S&P 500 expired @ 1699.84 at 12pm EDT with the help of the breaking news


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