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SPX 23rd Sep 2012

SP:SPX   S&P 500 Index
0
The price is currently supported on the downside at the 1450 level followed by 1432 which is 20 period SMA followed by 1404 which is 50 period SMA . Alternatively the price action could return higher, potentially retesting current highs at 1474.51 as a first resistance. Only a successful breakout higher and a daily close above that level could potentially target 1500 level.

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