Market Analysis for Sep 12th, 2005

Here is the pattern carved out by the E-mini S&P since the 8/28 "Katrina low," as well as the pattern off of last Thursday's low at 1235.75. Key micro support resides at 1243.25/00, but as long as 1235.75 remains intact and viable as the prior significant pullback low, my work will remain near-term bullish, pointing to a run at the 7/29 high at 1255.25.

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