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Jun 13, 2013 11:45 AM

Cup looks perfect... but...  Long

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It broke one of the major trend lines in the wrong direction. I attribute the down trend in the bath the S&P has been taking. If we have a up trend in the markets and/or some volume on this sucker it is in the perfect pullback entry zone. Core support of the cup is at 3.07 so she needs to break soon to stay long. Resistance is at 3.39 entry at positive confirmation over 3.43-3.50...
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