Jul 9, 2013


Short term signal: UP
Intermediate term signal: UP
Comment: there is nothing to think about... up is up(or at least until the price is above 1625:)

Expected behavior for:
- move higher - worst case correction with low above 1625
- near to the top of pink X - the bears should show up and we should see red candles for the rest of the week or the bearish scenario is dead

Levels to watch SP500:
- 1687 the high is the next resistance to the upside, above is white space
- 1620-1625 is now support - the breakout from the range. It should not be violated
- 1598 is major support.

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