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June 23rd, 2010: Update 1 – Pre-Market

Posted by pugsma on June 23, 2010

9:15am EST:  Nothing exciting in the ES futures overnight.  ES traded up to 1098 (1102 cash).   As stated EOD yesterday I’m looking for support at ES 1086 (1090 cash) to hold and the SP-500 to rally towards 1150/1170 over 2 to 3 weeks.  We have to get back through resistance at 1105, 1115, and 1120 again, so it should be a slow to moderate grind upward.

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