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trader53

08/15/14 6:40 AM

#52618 RE: trader53 #52458

$SPX - Uptrend probably underway

* Current trend, looks like early February


MEDIUM TERM: uptrend probably underway

Short term momentum ended extremely overbought.

The short term OEW charts remain positive
with the reversal level now SPX 1948.

With Options expiration tomorrow
it could be a volatile day.

Best to your trading!

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