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Jamie's Pick: 01/24/12

Jamie's Pick: 01/24/12

Jamie Saettele, CMT, Sr. Technical Strategist

The drop below 10458 triggers a bearish bias towards 10385 (former resistance). The next level of support would be the 20 day average/trendline support at 10320/40. I favor shorting into 10450/80 resistance with a stop at 10550.

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