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SPX Lagging


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#1 thoughtpwr

thoughtpwr

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Posted 24 December 2014 - 12:34 PM

Have held 2080+ and given what momentarily closing strength, we are likely to challenge 2100 Fri or Mon. If you look at options OI, there is a number of 2090 calls for resistance with a walloping number at 2100 to present formidable resistance. It would be nice to see a challenge of 2090 late today, even if rejected in a reasonably small rebuff to make the run at 2100 where so much round number resistance resides. I would look for Fri, where we have the Bradley date 12/26.