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Ranging between resistance at 1309.50 and support at 1305.25. Consolidation through a bearish trend, if buyers come in and resistance is broken through, next test level in the 1315 area . Possibility of price breaking through top of longer range and going up to test the outer target at 1331.25.
If sellers continue the trend and price sinks past support of 1304.25, the next target is at 1300.50 , and then onto support at bottom of the channel. 1293.25 is the outlying target if buyers continue to dominate.
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