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Monday, July 18, 2011

SnP 500

Nothings really BROKEN in the SnP500 till now . The LOWER trend line SUPPORT was violated just by a little bit around AUGUST END. Just before the BIG rally in September. The other THREE points have touched with EXACT ACCURACY .CLICK on the CHARTS for better VIEW.

The Upper Trend Line has also been very ACCURATE in STOPPING the SnP 500 . 1260 -1270 is IMPORTANT support . SnP looks it will rally ONE LAST time after this fall. I reccomend you BUY when the CCI(20) is TURNING from the oversold Line or from the OVERSOLD area below .

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