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Monday, July 7, 2014

Monday

I expect the market will trade within the purple area and top out near 2000.  2040 is possible.  The 20 DMA should hold.  To be conservative and not get fooled my long term sell point remains slightly below 1900..  A slightly more risky short would be just below 1935, but I believe we will make new highs before this occurs. 

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