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Thursday, February 17, 2011

S&P Update


Yesterday we met the long term Fibonacci price projection of 161.8% off the March 09 low. Target was 1337.63 and 1337.61 printed. Today February 17, 2011 we meet a 161.8% time projection off the July 1, 2010 low. Time to consider tightening stops on any longs.

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