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Guesstimates on March 11, 2010

http://carlfutia.blogspot.com

June S&P E-mini Futures: Trading activity moves to the June contract at the pit open. Today's range estimate is 1123-1139 for the June contract. I now think a 20-25 point break has started but I expect it to be brief and end near 1120. Look fort the market to reach 1200 by the end of May.

QQQ: A rally to 50.00 is underway.

 
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