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Minyanville's T3 Morning Market Call: Upside Bias Remains Intact Despite Quiet Market
Markets tried to resolve the five-day range to the upside yesterday but lacked volume and momentum. Overall most indices are still hanging in well some better than others. The 8- and 21-day moving averages have been playing catch-up in some strong sectors and look poised to potentially move again.   Futures are up 3-4 handles headlines point to positive China data and ECB statements.   S&P micro resistance is 1467. A 30-minute close above this level opens the door for a possible retest of the 1474 highs. If we get a market close in the next few sessions above 1474 ...
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