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[TTrader47]

We are at a pivot point. The bears have yet to prove that they can break below 1359 or so on SPX cash. The bulls however have yet to break 1390 - 1392. While I feel that the failed break of 1359 forming the double bottom is very bullish, we are still in a range for the last week or so. I keep my stops tight and am ready to move to cash at any point. Not sure if we will break above or below in the next day or so before the critical jobs report.