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E-Mini S&P 500: Traders yearning for good earnings?

The E-Mini S&P 500 is so close but yet so far from breaking through the resistance level of $1337.75! In truth, how could it? Today’s volume was again light. Why?  Our US Government is tied up in a budget meeting! If they do not agree on budget cuts and a funding bill, a shutdown is possible. Is it possible?  It happened in 1995. Although, we believe that some agreement may be made, the uncertainty puts many traders on the sidelines. Crude Oil prices ranging today $112.00 - $113.00 also may be pressuring the indices. We had an outside day extending on the downside just a quarter point beyond our anticipated tolerance support. Today, we had Chevron Corp.


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