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RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 04/08/11
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S&P500 head and shoulders target is 1,176 and further downside
expected.
As mentioned for some time - S&P500 monthly has been tracking sideways this year. This extensive distribution signified a bearish big picture and that a significant downtrend would follow.
http://stockmarket618.wordpress.com
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