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Tense Final Minutes for S&P 500 (SPX)


What a crummy performance after yest.'s potent recovery rally...A tense final 30 minutes ahead for the SPX... as all eyes begin to focus on the reaction to tomorrow's Employment Report, which could have a significant impact on near and intermediate term price direction...

Incidentally, with 30 minutes remaining in today's session, the NYSE A/D line is negative (1485 vs. 1764), and has been deteriorating all afternoon... Again, not the kind of upside follow-through we were looking for after yest.'s "bullish" reversal...

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