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144 is know as a natural square in the market it gives support...

  1. 132 Posts.
    144 is know as a natural square in the market it gives support at this level or resistance which ever side you are on.

    There is a lot of other indicators suggesting support around this level so we should watch the close and see where the big boys want to move it. That is where all the money is and if they have not yet accumulated enough stock they will keep it lower so the day traders are see sawed out of the market.
 
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