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ESZ11:

10/21/11

10:00EST

ESZ11:

Quite simply now

The immediate up target is 1231.00/1231.50

At 1231.50 we activate an up extension (1239.00)

Should be interesting because I show we should pullback sharply at 1235.50/75

We must take out 1216.25 in order to cancel the potential up extension

 

Not reaching 1231.00 expect a SHARP drop down..