18.12.2013- The market froze in anticipation of decision on QE
Broad American index S & P 500 consolidates above the strong level of 1780. Further movement depends on the statement from the Committee of the open market at Federal Reserve System, concerning the future of the US quantitative easing program. In the event of a decrease, the index can reach 1760 and 1740. The resistance is at 1810.
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FXFINPRO Capital Analytical Department