SXX daily 19/06/13
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26.5p is still proving to be tough resistance on a closing price basis as SXX hasn't managed to achieve this since 8th May.
There could be a symmetrical triangle in play here, or possibly (perhaps more likely) an ascending triangle with a top at 26.5p.
Supports and resistances remain as before although the main downtrend resistance has slowly dropped and is now near 28p.
There could be a symmetrical triangle in play here, or possibly (perhaps more likely) an ascending triangle with a top at 26.5p.
Supports and resistances remain as before although the main downtrend resistance has slowly dropped and is now near 28p.
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