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Sep 02

TECHNICAL ANALYSIS BY NSFX 02.09.2013

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The main US stock index found support on the demand line and now the next test is in area 1654. After there is the static resistance in area 1675.  Only above the psychological level 1700 market sentiment could turn positive again, the market correction could continue below 1626 to test 1600 and then the 200SMA at 1570.

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