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Analysis summary4-Traders Strategies

Up +0.5% in early trades

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10/24/2016 | 03:21pm
Opinion : Bullish above PTS 2134
Target price : PTS 2170

While European markets progress than 0.8% on average today, the S&P 500 should open up +0.5%.
The last friday, it had close to the equilibrium price (0.00% at 2141 points).

No statistic will, moreover, be released today.

From a graphical point of view, the S&P 500 is still in a bullish momentum in hourly data over the 2134 points.
In the short term, we will monitor closely the exit of the 2150 points range for acting in one way or another.

S&P 500 : Up +0.5% in early trades

Patrick Rejaunier
© Zonebourse.com 2016
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S&P 500 Technical Analysis Chart | US78378X1072 | 4-Traders
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S&P 500 Technical Analysis Chart | US78378X1072 | 4-Traders