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SPX Target Thursday 1438


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#1 blustar

blustar

    blustar

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Posted 09 January 2008 - 10:15 AM

Nice divergences on the 1,2 and 4 hour charts, otherwise still bad for the bulls. SPX 1364 still lower target by Jan 22. Relief rally good shorting opp, IMHO, especially on SPX. Early Thursday (tomorrow) should see top. Feb 5th could see 1480 area. April 10 area 1219.

Blessings,

 

blu

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