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ES: Closing Comments

10/17/2011

Closing Comments:

ESZ11:

It’s real simple now

It must stay above 1207.00 in order to continue up with the current momentum,

But we have a backstop (floating OAV at 1199.50

To continue up

I’m looking for 1251.00/1251.25 within 90 hours or less

But staying above 1207.00 should take us up to 1235.50 quite quickly.

No change on the Euro/Gold/Crude