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Replies to #8355 on The TradingEdge
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rimshot

01/20/11 1:00 PM

#8357 RE: rimshot #8355

SPX daily, and John Murphy points out today that the $1271 day low so far is a test of the rising 20-day sma

* SPX 1274.40 is a major price horizontal, and any future failure for this level to continue to act as support for daily closes must be respected