fred1111
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July 28, 2014, 02:43:37 PM

Looks like we are about to find out if the wall at $575 is real or not.
It probably is. The leveraged longs will start pannick selling into it one after the other. Maybe not now, but after a few more weeks of no sign of an upward trend. There is buying pressure, though the weak hands must be shaken before we can go up.