S&P ANALYSIS

(1276,50)The S&P plunged already below the 200 hours line, now s/t resistance at 1278,30. While below 1281,00 on an hourly closing we expect a 1270 undershooting where we close our short. Note however that the indicators are already close to the oversold area showing also potential positive reversals. We move therefore the stop to 1283,50.

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FUTURE TREND RESEARCH