I don't have any firework in the next two days, we should get a mild up bias early and the normal prelunch relapse followed by a lunch bump, but all together, I think that the low 1200 will be reserved for later this month. The fact that we did not breach 1275 today will surely put some "smile" on some technicians faces, though view it as building a bear flag here readying the market for a plunge starting possibly as early as next Wednesday.
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