Tuesday, July 25, 2006

S&P

Here is an hourly chart of the September S&P e-minis. I last commented on this chart here.

I think the market is about to take its next step upwards, this time to 1285 or so. Support in the mean time stands at 1262. I also believe that we shall see the S&P at 1350 before the year is out.

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