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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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