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Monday, April 18, 2011

18hb April 2011

Pivot: 1471.00

Most Likely Scenario: LONG positions above 1471 with 1497 & 1505 in sight.

Alternative scenario: The downside penetration of 1471 will call for a slide towards 1460 & 1445.

Comment: The RSI is supported by a rising trend line. Further upside to 1505 seems likey.



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