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Thursday, 7 November 2013

S&P 500 Analysis

S&P 500 slightly broke above 1770 but failed to stay above therefore previous signal is invalid
2nd possible support @ 1765 also failed, 3rd @ 1760 but it doesn't look safe to trade anymore after it kept falling
All supports were weak for the past few days but stocks continued to go higher, so it's also possible for S&P 500 to rebound below supports again but not really safe to trade

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