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Friday, December 19, 2014 9:41:42 AM
SPX 2 hr and 30 min: The 2 hr chart shows the upper channel TL about 35 points above current price and not much room for a Christmas rally unless this is the final wave up and a throwover could be accepted. It looks more like we still need a final wave down to me and the 30 min chart shows a still possible move to the 1904 area.
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