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| S&P 500 - EOW Analysis - End of Week: 13 Feb to 17 Feb, 2012 |
The S&P 500 continues its steep rate of climb - like we observed last week (post here), the middle channel line is the current resistance. Bulls failed around these levels last year (see candles of April - May 2011) and that cluster of resistances also play a role in next week's action. 1376 is the middle channel resistance for next week and the number, the Bulls should look to beat.
