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October 8, 2012

S&P 500, Gold Technical Positioning Warns of Weakness Ahead

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S&P 500 technical positioning warns of ebbing bullish momentum while gold prices have carved out an outright bearish reversal signal. S&P 500 – Prices put in a Spinning Top candlestick below resistance at 1466.10, hinting a move lower may be ahead. Initial trend line support is at 1449.80, with... FF News: Technical

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