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Monday, April 23, 2012

S&P:2011 and 2012

I think the current setup in S&P is very similar to the one  ast year just before the big August fall.

This chart from 2011 May-June.

This chart from the current market .

So I expect a bounce fomr tomorrow or Wednesday back towards the old highs of 1400-1410 through May 

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