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Archive for March 22nd, 2007

Market rallies again!

March 22nd, 2007

From where we left off last week, the SPX did not retest the recent high of 12 Mar 07, it flew through its 20, 50, 100-day moving averages in 1 single leap! Its next resistance now is the 78.6% Fibonacci retracement at 1441 (see chart below).

From the beginning of this week (Mon and Tue), the [...]

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