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April 11, 2012

S&P 500 Hits Near-Term Downside Target, Larger Up Trend at Risk

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The S&P 500 met the downside target implied by a near-term Head and Shoulders topping chart formation, with sellers now aiming to force a larger reversal. S&P 500 – Prices broke through support at 1377.10 to meet the measured target of the Head and Shoulders topping chart pattern we've monitore... FF News: Technical

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