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The 1300 level in the $ES_F is worth a gander -
Friday, November 9, 2012 6:31
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1300 is uptrending support from the March 2009 lows in the S&P 500 futures of 665.75… A test of the 1300 level will test uptrending support as well as probe summer 2012 support and December 2011 resistance turned support for the first time 4 months or 11 months respectively.
Below 1300 means trouble lot of air for right back to 1250-1200…..
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| Daily ES_F |
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| Weekly ES_F – note the uptrend from 2009 lows and the white dot @ the intersection of 1300 support from summer of 2012 and uptrend from 2009. |
2012-11-09 05:02:16
Source: http://www.hedgeaccording.ly/2012/11/the-1300-level-in-esf-is-worth-gander.html
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