No good reason it won't retest 12c now. Depends on whether bargain hunters come in. might think about some more myself at 12.5or maybe 13c. FOMC meeting is starting to weigh on mind of market, but SXY will be drilling shortly, so maybe some speculative money will support the SP. Probably just keep swinging up and down between 12-18c for now, so best trade it until a new uptrend can be established.
Signs of Bullish behaviour, page-95
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