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Wednesday, March 23, 2011

23 MAC 2011

Pivot: 1418.50

Most Likely Scenario : LONG positions above 1418.5 with targets @ 1432 & 1437.

Alternative scenario : The downside breakout of 1418.5 will open the way to 1412 & 1404.

Comment : The RSI lacks downward momentum. The 1418.5 support base maintains upward pressure.


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