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TA: Trading S&P 500 - Eyes on the annual high

Date: Friday 27 Apr 2012

TA: Trading S&P 500 - Eyes on the annual high

The world's main equity benchmark index, the S&P 500, not only recovered the former short-term bullish trend line that it had temporarily left behind but also broke out of resistance at 1,393 points yesterday.

The fact is that we see a small "double bottom" reversal formation in the...

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