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S&P, Mini Dow Jones & 10 Yr T.Note

S&P Dec Contract Now the key question today is can the new incoming front month of Dec close above 1053. If it cannot this will not look in a very good position and the market will spend the next couple of sessions correcting the recent strong upward move. Now the acceleration of the past month can be taken as a sign of a nearby top in the market. Now this is too soon to gauge, but sharp acceleration with virtually no pullbacks do leave the market not in a most stable state. 1053 will be

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