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The S&P 500 fell during the session on Thursday as you can see, as we have bumped into significant resistance. However, we feel there are plenty of buyers below, and therefore we do not sell this market. We simply wait for some type of supportive candle in order to start buying as we do think that the market will eventually challenge the highs at the 1710 level. In fact, we believe options might be a great way to go right now simply because the calls are very cheap at the moment, and can be picked up while we wait for a pullback.
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