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Friday, August 21, 2009

S&P 500 21/08/2009 - update

Previous post for S&P is here.
As mentioned in the previous post S&P retraced and rebounded. A break above the broadening formation, will confirm uptrend. Aggressive target is 1160 mid-term.
We also have a valid H&S formation giving a target of 1135.

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