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1-03 Market Analysis (US)

As I said last week, SPX is at a  key resistance level and we need major bull push to clear this level. Looking at last couple of months price action, market wants to go up with pullbacks. Since Oct, 11 we have made three higher highs which is a bullish sign. All three pullbacks ended up with major jumps which is again a very bullish sign.

Lets see where does market takes us this week but my feeling is still very bullish......(but again that's just my feelings)


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