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Late Update
Jan 07, 2009

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Carl Futia

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I thought the market was being supported by strong buyers earlier today, but after trading sideways for four hours the e-minis broke to new daily lows and dropped as far as 898.75. I think this reaction will probably reach 875 over the next day or two. If so I think that the 912 level will now be resistance above the market.


by Carl Futia (CarlFutia.com)

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