Re: S&P/Bouncing off Support/Still *PIC*

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In Response To: S&P/Bouncing off Support *PIC* ()

The 1340 support level held Wednesday just like it has held for the last 4 trading days. Only a clear break that holds below 1340 will suggest much lower prices. Until then anything on the upside is possible. Also note DX bumping its 4 month downtrendline at 80.40 after rallying off its support line and now backing off resistance. If that resistance level holds on DX and backs off again expect inverse markets to rally. And I'm sure the financial media will spin a very exciting postive story for all to believe...........again.

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S&P/Bouncing off Support *PIC*

Re: S&P/Bouncing off Support/Still *PIC*

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