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SXX daily 11/07/13

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Price closed slightly above the main downtrend yesterday but it failed to follow through which shows that the key level remains the major 30p resistance and gap area from 28.75p.

Sirius still needs to close above those areas to bring higher prices but, once it does, the move should be powerful with a target around the 47p mark.

In the meantime I'm still watching and waiting.
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Guest Wednesday, 21 November 2018