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E-mini Executors: Bulls are Back

Wednesday, December 1, 2010

Bulls are Back


The market has now held it's 50 day moving average(green line) for three days in a row. The market is telling you that we are going higher. We are going to close above the 20 day moving average(blueline) as well. All signs that we will probably make new highs for the year. My next resistance area is 121725 in the mini. Above that we should trade up to 124450. Buying breaks for now.

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