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E-mini S&P500 October 04-08 , 2010

posted by Avatar alexdok 600 days ago in Technical, Weekly

October is just started, so we have another monthly pivot point at 1113. Nevertheless Monthly Pivot resistance 1 is more important for us and it just above the market at 1175.50. So what do we have? Trend is bullish, price action is bullish, but just above the market at 1160-1180 area is a strong resistance that includes – 0.786 Fib ...
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