The strategy favours the downside slightly

S&P 500 (Mar 13) INTRADAY Review The S&P has a perfect record for 2013 as in closing at at five year high of 1512.50 the index posted its sixth straight up week in a row this year. The range bound conditions for much of the week where replaced by a positive US cash open on Friday that generated the break of the technical resistance at 1511 which had consistently provided strong resistance for the previous five trading sessions. Strong Chinese trade balance data and then the narrowest

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The strategy favours the downside slightly

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