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Monday, July 12, 2010

US Market

Dow is heading up to its 50dma resistance, as it occurs that there are still some room for it to move up from now, should it turn down late this week? See the chart below.

2010Jul-Dow Jones Industrial-800x600

On the other hand, SPX too has some room to the upside until its 50dma resisatance at 1100 level.

2010Jul-S&P 500-800x600

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