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Wednesday, January 20, 2016

SPX taken to the brink again


We have seen this so many times. They take the market to the brink so it looks like it is about to let let go and then they come in and pull it back. We now have a good level to watch at 1815. The kijun sen has tuned down on the lower weekly low. We just have to see now if there is a rebound and to what level.

$SPX weekly to support and watching for bounce.


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