With one day left in the month, SPX could still reach 50% projection April at 1538.84, which is the target on a push above 1529/1530. Note how the 20 dma was precise support no less than four times this month. Next time we get a sell-off, you know what to look for.
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on Wednesday, May 30, 2007 at 5/30/2007 11:10:00 PM.
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