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[NAV]

On the hourly, the bulls cannot claim anymore that they have higher highs and higher lows (after the break of 1306 pivot). Neither can the bears claim Lower lows and lower highs. That puts us in a range 1300-1333. That means you look like a genius one day and a monkey the next day. I would love to see the SPX 1333 highs taken out, to get long again. But a break below 1308 will force me to short again. And i hate shorting a strong market like this. Best !

Edited by NAV, 01 February 2012 - 10:02 PM.