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Friday, May 31, 2013

Friday

The market waits with baited breath as these wedges come closer to their apex.  Volume evaporates with the mounting anticipation.  Oh what fun we have during these corrections.     It could break either way but I'm not convinced this is the big collapse we permabears are waiting for.

Looking for solid support near or just below 1600 and one more run at the 1700 level.

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