I have been buying breaks for weeks now waiting for the market to reach a significant area at 1000.00 in the S&P cash market. You should start to see a better trade. The market has been on a one way train for some time now. I have resistance at 999.00 in the futures and no support until 962.00. I am short the market with a tight stop above this area and I am looking for a break down to 962.00 if this holds. If it does not hold I am looking for 1008.00 - 1010.00 in the futures.
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