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Tuesday, July 3, 2012

Daily Update(3/7/12)

Today's Scenario:
Nothing much changing from yesterday's update the bounce sports an impulsive look which suggests we might see some positive price action,while any move below 26 would suggest the resumption of the downtrend.Resistance at 28.56-29.25.Support at 27.20-26.80.This week could be less volatile with the NYSE closing at 1pm today(EDT) and a holiday on July 4(Independence Day)
Have a great trading day ahead

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