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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Thursday, July 14, 2011

mid range support

at 1306.5, $spx found support exactly at the mid range red trend line.
spy found support exactly at the lower black trend line.
see following real time updates:

critical landscape of $USD might have changed, and might impact $spx.

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GOOG surged vertical up after reported earning after market close, up about 10%. market could be up tomorrow.