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Random Moves in Indices Remain Constant


Friday May 9th, 2014
Random Moves in Indices Remain Constant
by Mike Paulenoff www.MPTrader.com

Within the past hour, the e-SPM rallied 10 handles, and the e-NDM rallied 35 points.

Why?

I have no idea, but the rally started just as the indices were pressing towards a test of important near-term support.

Now they look like they are traversing the range to the upside for a probe of important resistance.

Stay tuned as we enter the afternoon session on a Friday.

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